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I actually want to focus on why Korea is incredibly competitive against these two countries. We are accommodating the Western values along with classic values. That is why K-style, K-pop and other Korean culture are incredibly appealing to a lot of individuals in the planet. Our nationality, our qualities, are very distinctive since we have inventive DNA. My firm has been top the tourism and hospitality sector for 45 years and it is centered on the casino market.
The preliminary master program permits for future expansion to accommodate enhanced visitation. The casino would cater to only foreign visitors and not residents of South Korea. The country has 16 foreigner-only casinos whose main buyers comes from China and Japan. We are spending a lot of time studying and researching on American culture such as seasonal events and troubles in order to deliver American-fitted game and presents to the customers.
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Initial plans known as for a hotel with 1,600 guest rooms and suites, non-gaming amenities and a casino with 400 slot machines and 200 gaming tables. China State Construction Engineering Corporation was selected to make the facilities. Not counting Kangwon Land, the greatest players in 2011 by marketplace share according to information from UNLV have been Paradise with 48.three% of the market place and Grand Korea Leisure with 46.2%. These two concerns had licenses for five and three casinos respectively, with the balance of 5% market place share going to the other eight foreigners only casinos combined.