Korea’s Paradise Co says no decision made on Jeju hotel acquisition with talks ongoing

Korea’s leading foreigner-only casino operator, Paradise Co, says it has not yet decided whether to proceed with a potential acquisition of a hotel in Jeju after the hotel’s current owner confirmed discussions were ongoing. Local media outlet Asia Today reported Monday that talks between Paradise and DL Group were still taking place over the latter’s Maison Glad Jeju. The 5-star hotel, which boasts 513 guest rooms, is home to a casino operated by Paradise with acquisition seen as a means of enhancing business efficiency.