Several Chinese listed companies have announced plans to enter the gambling industry through offshore investment.

Chinese Strategic Holdings Ltd, formerly called China Railway Logistics Ltd, a property developer based in Hong Kong, announced on Wednesday in a filing with the Hong Kong Stock Exchange that the company is set to invest HK$1 billion ($128.9 million) in a hotel and casino land lease in the Northern Mariana Islands.

Another Hong Kong-listed company, Landing International Development, announced its plans last Friday to build a resort and casino on South Korea's Cheju Island in a joint venture with Malaysian gambling giant Genting Group. The total investment is $2.2 billion.