Hong Kong-listed Landing International Development Ltd. is postponing the opening of its foreigners-only casino on South Korea’s Jeju Island after the provincial council decided to sit on the company’s relocation request.
The Korea Times reported that Landing has moved the opening of Jeju Shinhwa World casino from January 28 to a later date due to the inaction of the Jeju Special Self-Governing Provincial Council.
The council didn’t offer any reason for the delay except that both Jeju Governor Won Hee-ryong and Council speaker Ko Chung-hong were being cautious about granting Landing’s petition, according to the report.
In an e-mail to GGRAsia, a Landing spokesperson said that the Jeju government is still processing the firm’s application, adding that they are hopeful that the council will approve it after February.