Genting Singapore delays ground-breaking on Jeju resort

    Genting Singapore’s plans to break ground on its new $2 billion resort on South Korea’s Jeju island have been delayed.
    A ceremony was scheduled for June 24th, however that has now been put back to the third quarter of this year.
    In a statement on Thursday, Genting Singapore said the rescheduling is to allow the company the opportunity to brief the newly-elected governor of Jeju and his team on the casino’s development plans and its contribution to Jeju Island.
    Genting Singapore has joined with Chinese property firm Landing International Development to develop the luxury resort that is aimed primarily at Chinese gamblers.