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Landing Casino’s Anti-Money Laundering Practice Ranks No.1 in Korea for Three Consecutive Years

October 25, 2017 Destination North Asia No Comments Email Email

Landing International Development Limited (“Landing International” or the “Company”, HKEx Code: 00582) is pleased to announce that its wholly-owned subsidiary, Landing Entertainment Korea Co., Ltd, which owns Landing Casino, a distinguished casino gaming club in Hyatt Regency Jeju Hotel in Jeju, Korea, is ranked first in the 2017 Anti-Money Laundering (“AML”) Assessment of 16 foreigner-only casinos in Korea conducted by the Korea Financial Intelligence Unit (“KoFIU”).http://www.centarahotelsresorts.com/b2b/?utm_source=e-global&utm_medium=banner&utm_campaign=exotic-destination&fbtrack=CUST-exotic-destination-e-global-banner Landing Casino is the first casino to top the ranking for three consecutive years in Korea’s casino history, after it was also ranked first in the 2015 and 2016 AML assessment by KoFIU.

In May 2017, Landing Casino became the first casino in Korea to have a certified AML expert under its AML Compliance team. In September 2017, the casino received the Tourism Promotion Award at the 44th Tourism Day Ceremony for its contribution to the overall tourism industry.

Dr. Yang Zhihui, Chairman of Landing International, said, “Landing Casino has adopted an operation and control systems that is in accordance with international standards and practices since it commenced operations in 2014 and these regulations have been strictly implemented by all our staff in Landing Casino. We will continue to work closely with the relevant administration to further improve our operations and governance standards and continue to create a transparent, global recognized world-class casino in Jeju”.

Landing Casino is pursuant to one of the eight gaming licenses in Jeju under the Tourism Promotion Act. Landing Casino plans to apply to local authority to transfer its operation to Jeju Shinhwa World, the first premium leisure and entertainment integrated resort in Jeju by late 2017.

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