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

14 Dec 2016

(14 December 2016, Hong Kong) 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 (“LEK”) (previously known as Grand Express 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 2016 Anti-Money Laundering (“AML”) Assessment of 17 casinos in Korea conducted by the Korea Financial Intelligence Unit (“KoFIU”). This is the second consecutive year that LEK has topped the ranking after it was also ranked first in the 2015 AML assessment by KoFIU.

The Governor of Jeju, Mr Hee-Ryong Won has been putting in great efforts to establish casino regulations of global standards in Jeju, by strengthening the operations of its Casino Regulation Division, revising relevant ordinances and regulations, and forming the Jeju Casino Supervisory Committee. The achievement of Landing Casino is a testimony of their continuous efforts to ensure transparent operations and enforce the introduction of international compliance standards and practices in the casino industry in Jeju.

Mr. Yang Zhihui, Executive Chairman of Landing International, said, “I’m proud that Landing Casino has once again topped KoFIU’s Anti-Money Laundering Assessment in 2016 with an ”Outstanding” rating. Landing Casino has adopted an operation and control systems that is in accordance with international standards and practices since it commenced operations in 2014. We will continue to work closely with the relevant administration to further improve our operations and governance standards and contribute to the sustained development of the tourism industry in Jeju.”

Landing Casino offers its distinguished guests from all regions a unique and exclusive world-class gaming experience. It has an exquisitely decorated gaming floor comprising almost 30 gaming tables including 5 differently themed private gaming salons, offering its customers a choice of different games including Baccarat, Blackjack, Poker, Tai Sai, Roulette and Slots. The gaming facilities are managed and operated by a team of 250 internationally-trained team members. Landing Casino is pursuant to one of the eight gaming licenses in Jeju under the Tourism Promotion Act.

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Landing Casino, located at Jungmun Hyatt Regency Jeju