Paradise completes first stage of investment at Incheon

Paradise SegaSammy Co Ltd, a joint venture between South Korean casino company Paradise Co Ltd and Japanese gaming developers Sega Sammy Holdings Inc., has completed the first stage of phase its €1.2 billion Paradise City casino resort at Incheon, South Korea.

As per the company press release, the second stage of the project, involving mostly non-gaming facilities, will start on September 21.

Paradise City is designed as a foreigner-only casino. It was launched alongside a hotel and a convention hall back in April 2017. The new amenities are a shopping mall, a boutique hotel, a spa, a club, a film studio, a family entertainment compound and an art gallery.

The second stage of phase one will involve adding 110k square metres of floor space divided in the 58-room Art Paradiso hotel, a premium spa, a club, an art gallery, a shopping mall, a film studio with the moniker Studio Paradise, and a family entertainment facility known as Wonderbox.

According to the company, the venue received 310,000 visitors in the first 100 days of operations, a number expected to continue to increase as the companies continue to invest in the development.