Paradise Group and Sega Sammy plan $1.7 Billion Resort in Incheon

Paradise Group and Sega Sammy are planning to build a $1.7 billion luxury resort in Incheon, near the capital Seoul. The venture aims to tap a surge in Chinese gamblers arriving in the country. The resort will feature a 500-room luxury hotel, convention center, retail venues and a foreigners-only casino. It is expected to open in 2016.