The Hong Kong-listed company said in an official filing (pdf) on Friday that a green light for Macrolink Gloryhill Ltd’s subordinates was approved by Governor Won Hee-ryong, and the issue now plans to work with Melco Resorts & Entertainment Ltd at Gloryhill Brand Casino Resort on Asia’s largest island.
According to a report by GGRASIA, New Silk Road is already responsible for Jeju’s foreign-only mega-luck casino located inside the Jeju KAL Hotel and has previously said it plans to build a “large-scale casino” on the island, which it expects to realize “sustainable and promising returns.”
The property developer bought a 55% stake in Macrolink in 2017 and plans to include homes, shops, medical facilities, golf courses, entertainment complexes, theme parks, foreign-only casinos, as well as several five-star hotels.
New Silk Road is also Asia’s leading wine distributor, and reports in August showed that Megaruck Casino’s six-month sales rose 57.8% year-on-year to about $6.92 million due to increased VIP gambling activity. It also explained that this was a major factor in the increase in semi-annual gross profit for small properties by about 193.7% to about $3.65 million. 안전 슬롯사이트