Casino operator Genting Singapore and Chinese property developer Landing International Development Ltd have teamed up to build a $2.2 billion casino resort in South Korea.
The luxury resort will be constructed on Jeju Island, which lies off the country's southern coast, they said in a joint statement.
"The iconic destination will be Jeju Island's largest tourism resort to date, with luxury hotels, a shopping mall, a theme park, villas and apartments, as well as gaming entertainment and other leisure and entertainment facilities," the joint statement said.