Las Vegas Sands Interested in Constructing Casino Complex in Korea - 2005-06-28
One of the top American developer of casinos, the Las Vegas Sands Corp., owner of the prestigious Las Vegas-based Venetian hotel casino, recently announced that it had held discussions with South Jeolla Province authorities regarding the potential construction of a large casino complex in southwestern Korea.
Thanks to a law approved in 2003, foreign investors having funneled at least $500 million into Korean tourism in specific locales may operate casinos in South Korea.
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