Are there casinos in South Korea?
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The South Korean casino could breathe new life into the struggling firm. Final year, Macau’s casino revenue was around $45 billion. That figure, while a fraction of Macau’s, represents a marked improve from the $650 million South Korea made from gambling in 2007 and points to the industry’s prospective for growth. According to Reuters, it is the 1st time that a foreign venture has been granted a preliminary casino license. Caesars and Lippo will devote a total of $2.1 billion more than nine years to create the house.
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