Mohegan Sun ups non-gaming ante in South Korea

U.S. tribal operator Mohegan Sun says design and permitting for its $5 billion integrated resort in South Korea is proceeding at a rapid pace, and the project is currently on schedule to break ground in 2017 and open in early 2020. The Mohegan Tribal Gaming Authority, operator of Mohegan Sun properties throughout the United States, along with partners KCC Corporation and Incheon International Airport Corp were awarded the contract for the resort in February last year, following a bidding process that initially attracted a strong field of international contenders. The resort, to be known as Inspire, will be the third major project in Incheon, near to the international airport and in close proximity to the capital Seoul. South Korea’s Paradise Co. and Japanese pachinko company Sega Sammy are scheduled to open a 330,000 square-meter IR early in 2017, while Caesars International has plans for a third project, which appear to have...

Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.