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1. A stash of W8.1 billion has been found in a secret safe at the Landing Casino in the Shinhwa World Marriott Resort on Jeju Island, where billions have gone missing (US$1=W1,097).
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A stash of W8.1 billion has been found in a secret safe at the Landing Casino in the Shinhwa World Marriott Resort on Jeju Island, where billions have gone missing (US$1=W1,097).

Police said Wednesday that the new stash was found in a safe in a secret vault in the casino from where another W14.5 billion in cash had vanished without a trace.

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The secret vault is not the casino's ordinary safe where chips and gambling money are stored, but a 50 sq.m space containing dozens of safes of different sizes.

Police discovered the new stash of money while raiding the secret vault after the casino filed a report accusing a female Malaysian executive of making off with the W14.5 billion in crisp W50,000 notes that would have weighed nearly 300 kg.

The 55-year-old woman disappeared last December and is suspected of absconding with the money on behalf of her boss, the troubled Hong Kong-based chairman of Landing International, Yang Zhihui.

The casino earlier said the money had been deposited by Landing International and did not come out of the Jeu casino's funds. But staff there were apparently unaware of the newly discovered W8.1 billion.

The safe could only be opened by simultaneously inserting two keys, and only a handful of executives including the missing woman had both. Police are comparing the serial numbers of the bills to see if the W8.1 billion is part of the same stash as the missing billions.

Landing International reportedly withdrew altogether W30 billion in W50,000 notes from a Korean bank when the casino opened in March 2018, saying it was an 'investment.'

While investigating the heist, police found another W4 billion stashed at an undisclosed location on Jeju which they believe is part of the money that went missing. Police also searched the home of the missing woman but did not find any money there.

The woman been sent to the Jeju casino by Yang, who had been in trouble with Chinese authorities, spent time in detention, and came out 'a changed man,' according to witnesses. She seems mostly to have reported to Yang and had little contact with other executives in Jeju.

It remains a mystery how the bulky cash could have been spirited out of the casino, which is monitored by hundreds of CCTV cameras. Even W4 billion in W50,000 notes weighs 77.6 kg or as much as a tall man.

Police are also looking for a Chinese man living in Korea who is believed to be an accomplice.

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The global casino market keeps getting more competitive with every passing year and casino operators keep spending billions of dollars to outdo each other and create some of the most extravagant, luxurious and mega casino resorts in different parts of the world. These billion-dollar building represent some of the most expensive properties in the world.

We will focus on some of the most popular billion-dollar casino resorts across the world and what makes them special!

Marina Bay Sands – Singapore

Singapore is a very small country and has just two casinos that cater to locals and foreigners. One of these casinos is the iconic Marina Bay Sands, which is owned by the Las Vegas Sands Corp. It is considered to be one of the most expensive casinos built till date and cost Sands Corp a whopping $5.7 billion. The unique design of the casino which has three towers and a massive roof top pool automatically causes Marina Bay Sands to stand out!

The casino property is located on over 40 acres of land and takes up prime real estate space on Marina Bay. To give you some numbers: the casino floor covers 160,000 square feet and takes up four floors. It has over 700 table games, 2,500 slot machines and 13 different table game variants. So if you are up for a round of blackjack, don’t miss this opportunity.

There are more than 2,500 hotel rooms, 50 restaurants and more than 800,000 square feet that is home to some of the best retailers in the world.

Las Vegas Sands decided in early 2019 that it would invest an additional $13 billion to expand its Singapore casino and build a fourth tower. Some of the new additions will include an indoor arena that can seat 15 thousand, 1,000 new hotel rooms and exhibition halls.

Wynn Palace – Macau

Macau is considered the biggest gambling hub in the world because casino operators have invested billions of dollars in the area. This guide on casinos in Macau is certainly helpful in learning about the array of some of the most creative, spectacular, and luxurious casino resorts in the world that are in Macau.

Wynn Resorts expanded its presence in Macau when it decided to invest $4.2 billion to build its new Wynn Palace casino resort in the Cotai district. Its former chairman Steve Wynn was responsible for putting the entire project together and was responsible for creating a masterpiece which opened to the public in 2016.

Wynn Palace offers patrons a great variety of gaming and non-gaming options. There are over 200 table games available and special VIP rooms that cater to high-rollers. The casino resort has a 28-story hotel that has over 1700 hotel rooms, 200,000 square feet dedicated to retailers and restaurants. Wynn Resorts has decided to invest further and expand its casino resort by adding an indoor theatre that will seat 15,000 people.

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The Cosmopolitan – Las Vegas

Las Vegas is home to some of the most popular and luxurious casinos in the world such as the Bellagio, Wynn Vegas and MGM Grand. However, the one that we would like to highlight is The Cosmopolitan Las Vegas which is located right next to the Bellagio.

The Cosmopolitan Las Vegas opened its doors to the public in December 2010 and was estimated to cost around $3.9 billion. This casino resort has two high rise towers that are 184 meters tall and has more than 3,000 hotel rooms. The casino resort is owned by the Blackstone Group.

The casino floor spans 110,000 square feet and has 1,500 slot machines and over 80 table games. The convention center and meeting rooms cover over 150,000 square feet. The entire property covers over 9 acres of prime real estate space on the Strip.

Resorts World Sentosa – Singapore

Singapore once again features on our list as its second casino is one of the most expensive in the world. Resorts World Sentosa cost the Genting Group over $4.5 billion to develop on Sentosa Island. The Genting Group announced in 2019 that it planned to invest another $1 billion to expand its facilities at Resorts World.

Resorts World Sentosa offers visitors a lot more than just gaming. Some of the popular tourist attractions include Universal Studios Singapore, The Maritime Experiential Museum and Marine Life Park. The resort has a number of top-class hotels including the Hard Rock Hotel, Crockfords Tower and Festive Hotel.

The casino floor covers 94,000 square feet and has over 2,400 gaming machines and 500 table games that offer a number of different variants. Visitors will get access to hundreds of top retailers and high-end restaurants.

The new expansion plans for Resorts World will see Universal Studios get two additions in Super Nintendo World and Minion Park. A new hotel will be built that will add another 1,000 rooms and a special waterfront lifestyle complex will also be developed.

Japan Will Soon Have the Costliest Casino

You will need to wait a few more years to get access to the costliest casino in the world. Japan legalized gambling in 2018 and will issue just three integrated casino resort licenses in the coming months.

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Las Vegas Sands Corp and MGM Resorts are very keen one of these licenses and have promised to invest over $10 billion to develop the world’s most expensive casino. These multi-billion-dollar casinos are expected to be completed only by 2024.

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More Multi-Billion Dollar Casinos

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We could go on and on, so here are a few more multi-billion-dollar casinos located around the world. The Venetian Macau cost Las Vegas Sands Corp over $2.4 billion; Wynn Resorts spent $2.7 billion to develop Wynn Las Vegas and Encore Boston Harbor casino which Wynn Resorts opened in June 2019 cost $2.6 billion.