Another Las Vegas in the East? No, not Macau or Singapore anymore. Las Vegas Sands (LVS) today announced in Seoul that they are thinking of opening its next Asian integrated resort in South Korea, adding to the four it has in Macau and the Marina Bay Sands in Singapore.
Speaking to the press on the sidelines of the Seoul MICE Forum yesterday, Marina Bay Sands president & CEO, George Tanasijevich, revealed that LVS was already in discussions with the South Korean government and private entities to enter the market.
According to Tanasijevich, South Korea had the characteristsics to be successful in supporting IR development due to its geographical location, robust infrastructure, positive image among travellers, and educated work force.
Even though he declined to reveal which locations LVS had its sights on, Seoul and Busan are believed to be on the shortlist.