During a recent event in Jerusalem Sheldon Adelson said that he is looking to expand his business to North Korea.
When he attended as a speaker at an at an event organized by Taglit-Birthright Israel, a not-for-profit educational organization that offers free trips to Israel to young adults of Jewish origin to strengthen their identity, after he and his family donated $70 million (the largest ever donation the cause has received since it was founded in 1999).
In the speech he said that even though he wasn’t raised in Israel and didn’t serve in the country’s army. he was actually a Korea veteran and that he hoped US President Donald Trump would get “North and South Korea finish the war” so that he could go there again and “open up [his] business”.
Mr. Adelson apart of being was one of the main sponsors of President Trump’s 2016 presidential campaign, Is the founder, Chairman, and CEO of Las Vegas-based gaming and hospitality giant Las Vegas Sands Corp. The company operates multiple integrated resort properties in Las Vegas, Macau, and Singapore, and is eyeing expansion across new markets.
Is also important to highlight that in the historic meeting between President Trump and North Korea leader Kim Jong-un on June 12 in Singapore that Korea had suggested the US help it build a casino resort as part of a previously proposed plan for the establishment of an international tourist destination in Wonsan-Kalma.
That is expected to be completed by April 15, 2019, the birthday of Kim’s grandfather and former Korean Supreme Leader, Kim Il-Sung. (READ SO: ASIA KEEPS THE TRENDS OF USING THE GAMBLING INDUSTRY TO BOOST ECONOMIES)
Also, the company has already confirmed that it would be among the bidders for one of three gaming licenses in Japan and has been lobbying for the legalization of Las Vegas-style gambling in Brazil
