• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Mohegan Sun excited over S. Korea partner: president

Nov 24, 2015 Newsdesk Latest News, Rest of Asia, Top of the deck  


Mohegan Sun excited over S. Korea partner: president

U.S. regional tribal casino operator Mohegan Tribal Gaming Authority, known as Mohegan Sun, says it is “excited” about its new partnership with South Korean chemicals manufacturer KCC Corp in the run up to a bid for a gaming licence in South Korea.

KCC Corp on Friday announced it had acquired a 24.5-percent stake in Inspire Integrated Resort Co Ltd – a South Korean subsidiary of Mohegan Sun – for a total consideration of KRW203.8 billion (US$176 million).

Inspire Integrated Resort was established to pursue potential gaming opportunities in South Korea, Mohegan Sun has said in previous filings.

“We are excited to team up with KCC as we believe they are a perfect partner,” the president of Mohegan Sun, Bobby Soper, told GGRAsia in an email.

KCC Corp provides products for the construction, automotive, electronics, consumer and industrial appliance, and fast-moving consumer goods industries in South Korea and internationally.

“Not only do they [KCC Corp] have a strong appreciation of doing business in Korea and complement the project with their expertise as a top-notch supplier and contractor, but we [the two parties] are aligned in our values, as we both believe in the great importance of operating with transparency, integrity and commitment to the community,” said Mr Soper.

Mohegan Sun confirmed a fortnight ago that it would submit a proposal to build a so-called integrated resort – including a foreigners-only casino – in South Korea’s Incheon Free Economic Zone. The deadline for submissions under a request for proposal process, being held by South Korea’s Ministry of Culture, Sports and Tourism, is this Friday, November 27.

Mohegan Sun’s multi-phase development project (pictured in a rendering) includes a private air terminal, a luxury hotel complex, a casino, a 20,000-seat arena, shops, restaurants, art exhibitions and music entertainment areas.

The total cost of the first phase is estimated at US$1.6 billion, with a commitment to spend a total of US$5 billion, according to Mohegan Sun.


  • tweet
Related articles
  • GKL says visa-free S.Korea scheme puts casinos on radar
    GKL says visa-free S.Korea scheme puts...

    Aug 08, 2022  

  • Japanese get visa-free S.Korea entry for August: report
    Japanese get visa-free S.Korea entry...

    Aug 04, 2022  

More news
  • Covid entry tests for mainlanders to Macau, except Zhuhai
    Covid entry tests for mainlanders to...

    Aug 09, 2022  

  • SOFTSWISS affiliate platform Affilka opts for cost-per-lead
    SOFTSWISS affiliate platform Affilka...

    Aug 09, 2022  


Latest News

Covid entry tests for mainlanders to Macau, except Zhuhai

Covid entry tests for mainlanders to Macau, except Zhuhai

Aug 09, 2022  

Starting from 1am on Tuesday (August 9), most travelling directly by air or sea to Macau from mainland China are required to take a nucleic acid test (NAT) upon arrival, plus another such test within...
Read More
SOFTSWISS affiliate platform Affilka opts for cost-per-lead

SOFTSWISS affiliate platform Affilka opts for cost-per-lead

Aug 09, 2022  

SOFTSWISS Sportsbook offering iFrame function

SOFTSWISS Sportsbook offering iFrame function

Aug 09, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”I believe it will take more than the offered concession term, 10 years, to see an appreciable increase in inflows of tourists [to Macau] from countries outside the existing tourist catchment areas”

David Green

Gaming and governance consultant at Newpage Consulting



Most Popular

  • More biz from foreigners hard for Macau casinos say expertsMore biz from foreigners hard for Macau casinos say experts August 8, 2022
  • Court tells Philippine AML body end bank heist cash freezeCourt tells Philippine AML body end bank heist cash freeze August 8, 2022
  • Microchip lack felt by slot makers says MGEMA boss ChunMicrochip lack felt by slot makers says MGEMA boss Chun August 5, 2022
  • Bloomberry 2Q net income more than doubles q-o-qBloomberry 2Q net income more than doubles q-o-q August 8, 2022
  • Japanese get visa-free S.Korea entry for August: reportJapanese get visa-free S.Korea entry for August: report August 4, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us