Yang Zhihui Builds Casino Resort On Korean Island
Yang Zhihui is a business tycoon and Chinese billionaire. He serves Landing International Development as the Chairman for the board. His casino project and massive resort have successfully extended his corporate empire. He additionally helped calm the political issues between North Korea and South Korea.
Kim Jong-un is the President of North Korea. The Presidents continual testing of weapons caused tensions with South Korea. The extreme measures they took included a United States high caliper Thaad missile. This defensive weapon was meant to prevent anything catastrophic from occurring. The result was China refused to sell tickets necessary for a South Korean tip until March of 2017.
The debates amongst the two Korean nations did not stop Yang Zhihui from attending to his business on South Korea’s Jeju Island with his clients. This was due to his jet since he could easily transport his business clients to and from South Korea. The jet was reportedly purchased in 2013. The Jeju Shinhwa World is operated and owned by Landing International Development Ltd. The opening for South Korean residents was in February. The location of the resort is south of South Korea. The resort features 239 gaming machines, 155 table games, eight poker tables and hotels including the Jeju Shinhwa World Marriot Hotel and the Somerset Jeju Shinhwa World.
The Jeju Shinhwa World also provides the Jeju Shinhwa Poker Club, the Four Seasons Resort and Spa at Jeju Shinhwa World, fitness and convention centers, a ballroom and a clubhouse. The investment holding company is based in Hong Kong. Their subsidiaries include Smart Million Ltd, China Opto Investment Lt., the Landing Jeju Development Co. Ltd., Landing Management Co. Ltd., Uplow Ltd. and United Time Corp. Lt.
Jeju Island is quite large and found in the South China Sea. They have been capitalizing on China's gambling business. Other countries have been bolstering their casinos in the hopes of future opportunities. This includes Cambodia, the Philippines, Singapore, Australia and Malaysia. Japan is expected to join in since gambling was legalized in 2016. The gambling establishment was reputedly built for the tourists in China unable to afford the trip to Macau for gambling purposes. Now that Jeju Shinhwa World has successfully opened there was an announcement made by Landing International last April. The company intends to use the Philippines as the location to construct a massive resort.
The location for the casino and resort will be in Parañaque City. The width predicted is roughly 9.5 hectares. The Resorts World Bayshore is another casino being built in Parañaque City by the Malaysian company the Genting Group. The Philippines currently houses numerous prestigious casinos. This includes Resorts World Manila, the Royce Hotel and Casino, Solaire Resort & Casino and the City Dreams of Manila. These casinos are located in Clark, Pampanga. The other casinos located in the Philippines are the Metro Card Club, the Winford Hotel and Casino, Networld Hotel Spa & Casino, Okada Manila, the New World Manila Bay Hotel & Casino, the Master Poker Sports Club and the Midas Touch Poker Sports Club.