{"id":59967,"date":"2017-10-03T15:30:34","date_gmt":"2017-10-03T22:30:34","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=59967"},"modified":"2017-10-03T13:43:52","modified_gmt":"2017-10-03T20:43:52","slug":"landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/","title":{"rendered":"Landing International Bullish on Shinhwa World Jeju Despite Chinese Tourism Ban"},"content":{"rendered":"

Hong Kong\u2019s<\/a> Landing International is optimistic about the prospects of its $2.6 billion Shinhwa World Jeju, despite China\u2019s recent ban on its citizens visiting South Korea.<\/p>\n

\"Landing
Landing International chairman Yang Zhihui opened Shinhwa World Jeju\u2019s new theme park over the weekend, but there won\u2019t be any Chinese visitors queuing for the rides, at least not while relations are so frosty between Seoul and Beijing. (Image: SCMP)<\/figcaption><\/figure>\n

Beijing imposed the ban in March, amid heightening tensions with Seoul over the latter\u2019s decision to deploy a US missile defence system on the Korean Peninsula to counter the North Korean threat.<\/p>\n

Shinhwa World, on the South Korean vacation island of Jeju, was conceived at a time when relations between the two countries were far warmer, and Jeju courted Chinese tourists with visa free travel.<\/p>\n

Theme Park Opens<\/strong><\/h2>\n

The resort is opening in various phases, with its official opening this December, and completion due by the end of 2019. Over the weekend, Landing unveiled the resorts\u2019 new theme park, the first of two planned.<\/p>\n

Casino operations have yet to launch but, with the current dearth of Chinese visitors, and with South Korean nationals prohibited from taking part in domestic gaming, it\u2019s hard to see jam-packed casino floors when they do. Landing has said it hopes to take 50 percent profits from casino gaming and 50 percent from non-gaming amenities.<\/p>\n

\u201cJeju Island is like the back garden of South Korea. We hope to introduce the best business partners to jointly offer a world-class integrated resort in Jeju,\u201d Yang Zhihui, Landing\u2019s chairman, told media and local officials at the theme park\u2019s opening ceremony.<\/strong><\/p><\/blockquote>\n

Strong Domestic Demand<\/strong><\/h2>\n

In an interview with the South China Morning Post<\/em>\u00a0Jay Lee Poh-yee, COO of Landing International, acknowledged that the theme park would suffer from the scarcity of Chinese tourists, but he was optimistic about domestic demand because South Korean families tend to spend big on high-quality products, he said.<\/p>\n

\u201cAt least half of our visitors will be domestic-driven,\u201d he said. \u201cWe don\u2019t solely focus on China, but the regional markets from Japan, South Korea, Hong Kong, Taiwan to Southeast Asia.<\/strong><\/p><\/blockquote>\n

\u201cI think this project will change the face of Jeju,\u201d Li added. \u201cThere\u2019s definitely a shortage of a world-class theme parks.\u201d<\/p>\n

South Korea\u2019s loss has been the Philippine\u2019s gain. The Philippine\u2019s casino sector is flourishing, thanks largely to a boon in Chinese tourism, which has been driven by the thawing of relations between the countries. Previously at loggerheads over disputed territories in the South China Sea.<\/p>\n

Yang recently announced he had met with the Philippine president Rodrigo Duterte<\/a> to discuss a proposal by Landing to build a resort in the Metro Manila area.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s Landing International is optimistic about the prospects of its $2.6 billion Shinhwa World Jeju, despite China\u2019s recent ban on its citizens visiting South Korea. Beijing imposed the ban in March, amid heightening tensions with Seoul over the latter\u2019s decision to deploy a US missile defence system on the Korean Peninsula to counter the […]<\/p>\n","protected":false},"author":42,"featured_media":59968,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18,61],"tags":[],"acf":[],"yoast_head":"\nLanding International Bullish on Shinhwa World Jeju Despite Chinese Tourism Ban<\/title>\n<meta name=\"description\" content=\"Shinhwa World Jeju opens its theme park but thanks to geopolitics there won\u2019t be any Chinese tourists queuing for the rides.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Landing International Bullish on Shinhwa World Jeju Despite Chinese Tourism Ban\" \/>\n<meta property=\"og:description\" content=\"Shinhwa World Jeju opens its theme park but thanks to geopolitics there won\u2019t be any Chinese tourists queuing for the rides.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-03T22:30:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-03T20:43:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/a7ccdcc6-a757-11e7-ac3e-6a4e39b7ad7c_1280x720_155932.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"980\" \/>\n\t<meta property=\"og:image:height\" content=\"551\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/\",\"url\":\"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/\",\"name\":\"Landing International Bullish on Shinhwa World Jeju Despite Chinese Tourism Ban\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/a7ccdcc6-a757-11e7-ac3e-6a4e39b7ad7c_1280x720_155932.jpg\",\"datePublished\":\"2017-10-03T22:30:34+00:00\",\"dateModified\":\"2017-10-03T20:43:52+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Shinhwa World Jeju opens its theme park but thanks to geopolitics there won\u2019t be any Chinese tourists queuing for the rides.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/a7ccdcc6-a757-11e7-ac3e-6a4e39b7ad7c_1280x720_155932.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/a7ccdcc6-a757-11e7-ac3e-6a4e39b7ad7c_1280x720_155932.jpg\",\"width\":980,\"height\":551,\"caption\":\"Landing International chairman Yang Zhihui opened Shinhwa World Jeju\u2019s new theme park over the weekend, but there won\u2019t be any Chinese visitors queuing for the rides, at least not while relations are so frosty between Seoul and Beijing. (Image: SCMP)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Commercial Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/commercial-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Landing International Bullish on Shinhwa World Jeju Despite Chinese Tourism Ban\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\",\"name\":\"Casino.org Staff Writer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g\",\"caption\":\"Casino.org Staff Writer\"},\"url\":\"https:\/\/www.casino.org\/news\/author\/corg-staff-writer\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Landing International Bullish on Shinhwa World Jeju Despite Chinese Tourism Ban","description":"Shinhwa World Jeju opens its theme park but thanks to geopolitics there won\u2019t be any Chinese tourists queuing for the rides.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Landing International Bullish on Shinhwa World Jeju Despite Chinese Tourism Ban","og_description":"Shinhwa World Jeju opens its theme park but thanks to geopolitics there won\u2019t be any Chinese tourists queuing for the rides.","og_url":"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2017-10-03T22:30:34+00:00","article_modified_time":"2017-10-03T20:43:52+00:00","og_image":[{"width":980,"height":551,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/a7ccdcc6-a757-11e7-ac3e-6a4e39b7ad7c_1280x720_155932.jpg","type":"image\/jpeg"}],"author":"Casino.org Staff Writer","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Casino.org Staff Writer","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/","url":"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/","name":"Landing International Bullish on Shinhwa World Jeju Despite Chinese Tourism Ban","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/a7ccdcc6-a757-11e7-ac3e-6a4e39b7ad7c_1280x720_155932.jpg","datePublished":"2017-10-03T22:30:34+00:00","dateModified":"2017-10-03T20:43:52+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77"},"description":"Shinhwa World Jeju opens its theme park but thanks to geopolitics there won\u2019t be any Chinese tourists queuing for the rides.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/a7ccdcc6-a757-11e7-ac3e-6a4e39b7ad7c_1280x720_155932.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/a7ccdcc6-a757-11e7-ac3e-6a4e39b7ad7c_1280x720_155932.jpg","width":980,"height":551,"caption":"Landing International chairman Yang Zhihui opened Shinhwa World Jeju\u2019s new theme park over the weekend, but there won\u2019t be any Chinese visitors queuing for the rides, at least not while relations are so frosty between Seoul and Beijing. (Image: SCMP)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/landing-international-bullish-on-shinhwa-world-jeju-despite-chinese-tourism-ban\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Commercial Gaming","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/"},{"@type":"ListItem","position":3,"name":"Landing International Bullish on Shinhwa World Jeju Despite Chinese Tourism Ban"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77","name":"Casino.org Staff Writer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g","caption":"Casino.org Staff Writer"},"url":"https:\/\/www.casino.org\/news\/author\/corg-staff-writer\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/59967"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=59967"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/59967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/59968"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=59967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=59967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=59967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}