casino opened at the Sheraton Walker Hill Hotel in Seoul in an attempt to attract U.S. military personnel and foreign tourists. Today, 16 casinos for foreigners and a casino for both foreigners and locals are operating around the country.
In 1994 the authority for casinogambling was transferred from the Police Department to the Department of Tourism at the Ministry of Culture and Sports in ord
II. Industry Analysis & Company Analysis
1. Industry Analysis – Casino Industry
Today, casino is not just gaming. Gambling is a business, a very big business. To access to casino in business term and to analyze finance information and tendency of them, we need to know about casino industry first.
1) Concept ofcasinoCasino is a kind of game to win or lose money using something va
of education and entertainment, guests absorb the events unfolding before them while actively participating in them.
Escapist entertainment experiences involve much greater immersion than other types of entertainment or educational experiences. It is intended to provide a respite from real life in venues such as theme parks, casinos, and virtual reality games.
In esthetic entertainment, audie
casino atmosphere is bright and people can enjoy with their family, friends unlike existing other casinos in Korea. Almost of Korean may be never had thought about casino as a family space. But, In Las Vegas, people enjoy their spare time with family, not only concentrate on playing gambling. So We want to change Korean’s social perception about casino.
In other words, our casino is complex
of convention space, 1.6 million square feet of retail, 550,000feet (51,000m²) ofcasino space – largest in the world –with 3400 slot machines and 800 gambling tables and a 15,000 seat arena for entertainment/sports events.
Vision The Venetian Team Members will create a lasting impression through caring, genuine service that will transform the entertainment industry in Asia.By creat