7/29/2010

Intercity Group, a South Korean developer, plans to build a $400 million casino resort in Cambodia. According to James Cho, Intercity's vice president, Harrah's Entertainment and MGM Resorts International are considering investing in the casino. "Not everybody's going to gamble in Macau or Singapore," Cho said. "Cambodia is family-friendly, and it's cheaper."

Full Story:
Bloomberg

Related Summaries