Monday, November 12, 2012

8City, South Korea's $290 Billion Gambling Island Paradise, Aims ...

It is only a matter of years before the world?s super rich will have another place to gamble their money away.

What may look like the set of the new Disney Star Wars movies is actually 8City, Korea?s latest tourism project.

Investors plan to turn the small South Korean island of Yongyu-Muui into a futuristic gambling resort projected to cost $290 billion, Agency France-Presse reports.

The new island, which is called 8City and was named for the Chinese lucky number 8, will be three times larger than the island of Macau, one of the major tourist destinations for gamblers worldwide. Developers say that 8City will include ?casinos, hotels, shopping malls, theme parks, car racing tracks, ski slopes and a marina.?

The creatively-named Megastrip, one of the landmarks of 8City.

8City is scheduled to open in the year 2030. The new gambling island paradise is projected to create 930,000 jobs, according to developers.

Incheon is hoping this particular number eight will entice Chinese tourists.

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Source: http://in2eastafrica.net/8city-south-koreas-290-billion-gambling-island-paradise-aims-to-rival-macau/

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