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by Michael C. Lowe | November 07, 2012

Macau may be in for some steep competition in a few decades. The South Korean city of Incheon is planning to create a $290 billion leisure and gaming destination three times the size of the entire country of Macau, according to Bloomberg. The 31-square-mile development would include hotels, casinos, performance halls, shopping malls, a marina resort and a Formula 1 race course. The project, which has been dubbed 8-City, is expected to be built through 2030 and with the hope of attracting 130 million visitors per year.