Inside Asian Gaming

IAG NOV 2021年11月 亞博匯 95 26-50 CLAIMS TO FAME 名成事跡 Opened South Korea’s first true integrated resort, Paradise City, in 2017 Leads foreigner-only casino market with locations in Seoul, Incheon, Busan and Jeju • • • • 2017年開設了韓國第一家真正的綜合度假村百樂達斯城 在首爾、仁川、釜山及濟州等不同地方的那個只對外國人開放娛樂場 市場中獨領群雄 CHAIRMAN Paradise Group 會長 百樂達斯集團 POWER SCORE 權能指數: 828 POSITION LAST YEAR 去年排名: 29 29 PHILLIP CHUN 田必立 PARADISE GROUP CHAIRMAN Phillip Chun took over the family’s business after the passing of his father, Chun Rak-won, in 2004, and although he has battled relentless headwinds in recent years, he has also exhibited similar ambition to that of the generation before him. That much was evident when Chun launched art-themed integrated resort Paradise City in Incheon in 2017. Coming at a cost of US$1.37 billion, Paradise City was the first true integrated resort to be built in North Asia but has had little opportunity to show its potential. Opened in the midst of a Sino-Korean diplomatic row that saw China put a halt to the huge volumes of visitors that usually cross the border, the IR has only briefly toyed with profitability in the nearly five years since. Paradise City is one of four foreigner- only casinos owned by the company and all four have felt the devastating impact of the COVID-19 pandemic, resulting in a US$100 million loss in 2020 and no sign of recovery any time soon. No doubt Chun, who alongside wife Elizabeth is a passionate art collector, will be hoping China’s passion for leisure will prove strong when borders reopen, bolstering revenue from the small expat community in Korea that has helped keep the business ticking over in the past two years. 百樂達斯集團 主席田必立自其父田樂園在2004年過世之後接管了家族企 業。儘管近年來他一直面臨的挑戰不斷，但同樣展示出了與其前輩人相似 的野心。 田必立在2017年於韓國仁川推出的以藝術為主題的綜合度假村百樂達 斯城就是很好的佐證。百樂達斯城斥資13.7億美元，是亞洲北部地區首個 真正的綜合度假村，但至今一直沒有機會展示其潛在實力。 百樂達斯城的開業正值中韓外交風波演得最烈之際，中國叫停了之前 大規模前往韓國的遊客。在那之後的近5年裡，這個綜合度假村僅在短期 內有所盈利。百樂達斯城是百樂達斯集團擁有的四個僅向外國人開放的賭 場之一。這四家賭場皆在新冠疫情中受到破壞性影響，在2020年虧損了1 億美元，並且短期內沒有恢復的跡象。 田必立和妻子Elizabeth都是熱衷藝術的收藏家。當邊境重開時，田必 立無疑會希望中國人對休閒娛樂的熱情會像韓國的小型外籍人士群體那樣 強烈，毫無疑問，田必立及其熱愛藝術的收藏家妻子Elizabeth，期盼邊境 重開將重新燃起中國人對休閒的熱情。過去兩年間，該公司一直依靠在韓 的小規模外籍人士社群維繫著公司的收入。