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In 2016, Jeju set records with 15.9 million total guests and three.six million overseas arrivals, 85% of them from mainland China. For decades, Lotte Tour has catered to Korean and foreign travelers, such as Jeju shore excursions for cruises. "We know what tourists want," says Teo, who ran Melco Entertainment's VIP-focused Altira Macau for Lawrence Ho. Lotte Tour arranged a complex financing deal for 1 Jeju Dream Tower, to open in late 2019, with China's Greenland Group. The Korean firm, which was born in 1971 as a separate entity from the country's larger and superior-known Lotte Group, is handling the cost of the other tower and the eight-level podium building. Jeju Dream Tower will be the tallest creating on the island, showcasing "modern day Korean way of life,"... Quite a few experts think Korea will only open up its casinos to its personal citizens if Japan legalizes casinos. Ironically, if that takes place, quite a few of the applicants for the Korea licenses would rather place capital into Japan rather.

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