• 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’s S.Korean scheme to break ground in 2017

Feb 29, 2016 Newsdesk Latest News, Rest of Asia, Top of the deck  


Mohegan Sun’s S.Korean scheme to break ground in 2017

The new casino resort to be built in Incheon, near South Korea’s capital Seoul, is expected to break ground in 2017, said Bobby Soper (pictured), president of U.S. regional tribal casino operator Mohegan Tribal Gaming Authority, also known as Mohegan Sun.

The consortium led by Mohegan Sun has been awarded a casino licence by the South Korean government, as part of an integrated resort licence bidding process initiated in 2015, it was announced on Friday by the Ministry of Culture, Sports and Tourism.

“We anticipate breaking ground early 2017,” Mr Soper told GGRAsia in an email.

“Mohegan Sun is excited to bring its expertise and entertainment-driven brand to the international stage,” he added.

The winning consortium includes two other partners, South Korean chemicals manufacturer KCC Corp and Incheon International Airport Corp (IIAC), the operator of the airport.

The licence allows the consortium to set up a foreigners-only casino. The scheme – Mohegan Sun’s first venture outside of North America – is scheduled to begin operations by 2020.

The project – dubbed ‘Inspire’ – includes a private air terminal, which would be part of the resort. The air terminal would be run as a private airport, under what is known as a fixed-base operator (FBO) arrangement.

“We deeply appreciate the careful review that the Korean [sic] government has conducted on this bold new initiative for tourism in Korea,” said Chung Il-young, chief executive of IIAC, in a statement.

“Its selection of the Inspire project is wonderful news for the Incheon region and will serve as a catalyst for growth in the airport development zone for years to come.”

The Inspire Integrated Resort project would also include a casino with 250 gaming tables and 1,500 slot machines, a three-tower luxury hotel complex with 1,350 rooms, a 15,000-seat arena, a Paramount Studios theme park and a eco adventure park.

The first phase of the project is estimated at US$1.6 billion, with a commitment total of US$5 billion over multiple phases, according to Mohegan Sun.

In a press release on Friday, Mohegan Sun said that Miura Holdings Asia, a multi-purpose investment vehicle focused on gaming, hotel and food and beverage activities in the United States and Asia, is joining the project as part of the development team.


  • tweet
Related articles
  • Jeju Shinhwa op narrows loss, gets extension from Pagcor
    Jeju Shinhwa op narrows loss, gets...

    Mar 31, 2023  

  • Kangwon Land slot brand Manila office eyes SE Asia sales
    Kangwon Land slot brand Manila office...

    Mar 28, 2023  

More news
  • Macau March GGR up 247pct y-o-y, to US$1.6bln: govt
    Macau March GGR up 247pct y-o-y, to...

    Apr 01, 2023  

  • Some Macau hotels say no rooms vacant 3 days of Easter
    Some Macau hotels say no rooms vacant 3...

    Mar 31, 2023  


Latest News

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Apr 01, 2023  

Macau’s casino gross gaming revenue (GGR) was up 246.9 percent year-on-year in March, to just under MOP12.74 billion (US$1.58 billion). The March tally was up 23.4 percent month-on-month,...
Read More
Some Macau hotels say no rooms vacant 3 days of Easter

Some Macau hotels say no rooms vacant 3 days of Easter

Mar 31, 2023  

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Mar 31, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Efforts have pivoted to the construction of the hotel tower, with plans to launch a soft opening before the end of 2024 and a grand opening in 2025”

Casino investor LET Group

On the development of a casino hotel in Manila, the Philippine capital



Most Popular

  • Some Macau hotels say no rooms vacant 3 days of EasterSome Macau hotels say no rooms vacant 3 days of Easter March 31, 2023
  • Macau 2023 GGR at 45pct of pre-Covid level: Moody’sMacau 2023 GGR at 45pct of pre-Covid level: Moody’s March 31, 2023
  • Macau March GGR up 247pct y-o-y, to US$1.6bln: govtMacau March GGR up 247pct y-o-y, to US$1.6bln: govt April 1, 2023
  • LET Group narrows year loss, Manila site open end 2024LET Group narrows year loss, Manila site open end 2024 March 31, 2023
  • Japan govt delays IR decision due to local elections: reportJapan govt delays IR decision due to local elections: report March 30, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us