Resorts Casinos to Launch Online Gambling Initiative

The numbers are in, and Resorts Casinos is about to make a change. They have netted a profit from 2014, raking in over $139 million. However, they are still short of the next ranked casino by about $45 million. To close this gap, it has been announced that they are opening a trial period for online gambling. It will be the fifth casino in AC to begin online offerings. While that $45 million looks like a steep goal, they have been steadily improving, up over 6% from 2013. Internet gambling has been increasing too, though it is a far ways from what Governor Christie projected. For more info, check out’s coverage.

Greg Roselli-Genting Singapore, Landing Int’l propose $2.2 billion casino in South Korea

Re-Blogged by Greg Roselli

International casino operator Genting Singapore announced in a joint statement last week that it will team up with the Chinese property group Landing International Development Ltd. to construct and run a $2.2 billion casino resort on Jeju Island in South Korea.Greg Roselli

The project, expected to open in 2017 on a 2.3 square meter site in Jeju, will include casinos, luxury hotels, a theme park and shopping mall, among other amenities.

South Korea currently has 16 casinos limited to foreigners only, whose primary customers come from Japan and China. The country forbids citizens from gaming in casinos outside of Kangwon Land, an isolated resort three hours from Seoul.

Genting affiliates own and operate casinos in Malaysia, Singapore and New York; and have purchased land in Las Vegas and Miami, FL for potential future developments (subject to legislation in Florida). The company’s Resorts World Sentosa, just off the southern coast of Singapore , opened in early 2010 and cost just under US$5 billion. In New York, Resorts World NYC opened at the site of the former Aqueduct racetrack in Queens in October 2011.