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Most proposals, Lee says, had been abandoned simply because they have been deemed economically unfeasible. Korea’s gaming income growth hasn’t kept pace with tourism growth, declining even before MERS hit, in all probability due to President Xi’s anti-corruption campaign that’s hitting Macah VIP play. Earlier this month, a panel of academics warned that additional than two Incheon integrated resorts in Incheon could saturate the market place. That is a view shared by Lee and, he says, by some tourism officials. Offered the competitive dynamics, there’s a possibility that Korean authorities could choose not to award any new licenses from this round. “Incheon is it for Korea,” Shim declared, and others seemed to agree. Incheon is a satellite city to Korean capital Seoul and the web page of the country’s international gateway airport on Yeongjong Island, seamlessly connected to Seoul by road and rail. For Bloomberry, Korea had the added attraction of spreading the Solaire brand in the country that supplies the largest chunk of foreign visitors to the Philippines.

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