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Opening a resort in Korea would not only extend Bloomberry’s attain into Northern China, but could also enhance revenue from Korean players at its Manila home. Solaire executives say Korea is their second largest source of VIP play right after China. Bloomberry also purchased 92% of Golden & Luxury Organization, which owns and operates T.H.E. Hotel with 202 rooms and LVegas Casino. Situated in Jeju City on the north side of the island, near the airport and cruise ship terminal, the casino has 38 tables and 14 slot machines, according to Union Gaming Study Macau. Mr Lee notes that LVegas tops Jeju’s eight casinos in visitors but ranks final in income.

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