The KRW 1.9 Tn resort will include hotels, restaurants, convention spaces, and of course Paradise's speciality: foreigner-only casinos. The group already operates one nearby at the Hyatt Regency Incheon, and shouldn't remain the only big player for long in what seems to be the future Korean Las Vegas.
Incheon dreams of becoming the Northeast Asia rival to Macau, and the local casino king Stanley Ho doesn't seem to mind. He even wants to join the party, along with Universal Entertainment (Japan) and Vegas giant Ceasars Entertainment (USA, in a JV with Indonesia's Lippo Group***). But since foreign companies are not allowed to run casinos in Korea, they've been denied agreements so far, giving a head start to the national champion. This might change, and the same players are probably waiting for further regulation evolutions, in particular a "cruise bill" that could allow foreigner-only floating casinos (a life saver for OH Se-hoon's Floating Island?).
The next day, Gangwon-do announced a plan to develop Korea's first nude beach.
Try to top(less) that, KIM Jong-un! In his arms race for olympic gold and tourist silver (brand new water park, Masikryong Ski Resort), the young leader might be tempted to develop new unclad vehicles.
Seoul Village 2013
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*"Paradise Co. to build casino complex near Incheon airport" (Yonhap News 20131022)
** "DMC at full throttle - Songdo from Sim City to Sin City?" (2011/04)
*** Midan City: midancity.com