January 28, 2014 / 1:15 AM / 4 years ago

INDONESIA PRESS-Lippo-Caesars consortium to build casino in S. Korea-Kontan

The Lippo Group through its Hong Kong-based unit Lippo Ltd has invited U.S. investor Caesars Entertainment Corp to build a casino resort on a 330,000 sq m site in Yeongjong-do Island, South Korea, with a total investment of $2 billion, Lippo Ltd’s Corporate Secretary Davy Lee said in a statement to the Hong Kong Stock Exchange, the Kontan reported.

Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Jakarta Newsroom; Editing by Prateek Chatterjee)

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