The developer of the project, known as Hong Kong-Kong-based company Landing International



It aims to attract high-end foreign tourists. The resort will expand to more than 2.5 million square meters, including gambling and non-gambling, and is also intended to provide guests with accommodation options.

The Jeju Free International City Development Center (JDC) says Chinese people are currently most actively participating in financing, seeking to diversify their investors. Therefore, the opening of the movie theme park seems to be in line with the idea of Jeju Shinhwa World by working with Lionsgate Entertainment (USA Entertainment). The theme park will screen seven box office-ranked movies, including "Hunger Games" and "The Twilight Saga."

Developers aim to attract wealthy foreign tourists who are not attached to casino games, including entertainment, not gambling. In addition to targeting non-gambling people, we aim to establish a resort that is differentiated from competition in the region, which continues to strengthen its presence and attract customers. Jeju Shinhwa World is currently under construction and continues to work on various stages of projects and is the 18th casino to open in Korea.

a setback in project execution
Due to political problems in Korea and Japan, Jeju Shinhwa World's project was abandoned by two major investors. The investors in question are Bloomsbury Resort and Genting Singapore Inc.The latter sold its interest in Jeju Shinhwa World, explaining that it aims to invest in Japan, which is currently on the verge of opening the gambling market. Landing International, on the other hand, continued to work on the project, optimistic that the Korean resort would continue to tease VIP players. It seems that Jeju Shinhwa World is now slowly approaching the final stage of the project.

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