MegaLuck – Jeju, South Korea
The Company currently owns a 72% stake in MegaLuck (美高樂), a licensed casino operator at Jeju, South Korea. Sited approximately five kilometers away from Jeju Island Airport and Jeju Island Port, the casino is easily accessible. It is well-equipped — with Roulette, Black Jack, Baccarat, Cussec and electronic game machines.
The acquisition of MegaLuck marked an important milestone in the Company’s participation in gaming and entertainment. The Company will continue to cultivate its gaming and entertainment businesses.
To make its casino a true world-class player with the highest standards in operations and internal controls, the Company entered into a strategic partnership arrangement with Melco International Development Limited (HKEx Stock Code: 200) in 2016 for the operation and development of a new Casino which will be one of the largest of its kind in Jeju.