The newspaper says that in December joint venture partners Caesars Entertainment and Lippo Group of Indonesia renewed their request for permission to build a casino-resort covering 330,000 square metres in Yeongjongdo.
Last week Japan’s Universal Entertainment Corp bought 136 square metres of land there, which unidentified sources told the newspaper might be a step towards a bid for a casino license. Universal Entertainment has plans to build two six-star casino-hotels with 3,000 rooms, a business hotel, a shopping mall and entertainment facilities.