[bsa_pro_ad_space id=1 link=same] [bsa_pro_ad_space id=2]

Skip to Content

Header Banner – BBIN

Tag Archives: Incheon International Airport

South Korea – Mohegan Gaming aiming for second quarter of 2023 for Inspire Korea debut

Mohegan Gaming & Entertainment has pitched the second quarter of 2023 as the likely opening for its US$1.6bn Inspire Korea integrated resort which is being built close to Incheon International Airport near Seoul. Speaking during an interview for Gaming Laboratories International’s Illuminating Conversations series, International President, Bobby Soper, said he was closing in on securing…

South Korea – Mohegan Gaming to discuss Inspire’s financing with South Korean government

Officials from US operator Mohegan Gaming and Entertainment will meet officials of South Korea’s Ministry of Culture, Sports and Tourism (MCST) to discuss funding for the company’s US$5bn Inspire Integrated Casino Resort next to Incheon International Airport set to open in 2021. The aim is to have the financing for the project agreed by the…

South Korea – Paradise City to drive revenue increase for Paradise

The anticipated April opening of new casino resort Paradise City in Incheon is expecting to help drive a revenue increase for South Korean operator Paradise Co of around 35.3 per cent. June-won Sung, analyst at Seoul-based brokerage Shinhan Investment, said: “Paradise Co as a whole is forecast to post sales of KRW938.6bn[US$805.3m]. The share price…

South Korea – Mohegan Sun secures land for Incheon project

A consortium led by US casino operator Mohegan Sun has signed a land lease agreement with Incheon International Airport Corporation to build an integrated resort on Yeongjong Island by 2020. Inspire Integrated Resort, which includes Mohegan Sun and South Korean chemical maker KCC Group, signed the agreement to use land spanning 2.67 square meters on…

Korea – Foreigner only rule will limit Mohegan Sun’s Korean returns

Fitch Ratings has warned Mohegan Sun that it ‘will have difficulty achieving robust returns on investments’ on its Integrated Resort planned for Incheon Airport in South Korea ‘due to the restriction on gambling activities to foreigners only.’ It also warned that competition from new casinos in the Asia-Pacific region would be relentless. Fitch stated: “Foreigner-only…

South Korea – Mohegan Sun looking to Inspire in Korea

Mohegan Sun has confirmed that the name of its resort casino to open at Incheon International Airport in South Korea will be Inspire. It will house a 20,000 sq. m. casino with 250 tables and 1,500 slot machines. The Mohegan Tribal Gaming Authority, operator of Mohegan Sun, Mohegan Sun Pocono and Resorts Casino Hotel, and…

South Korea – Mohegan Sun to launch casino in South Korea

The Mohegan Tribal Gaming Authority operator of Mohegan Sun, Mohegan Sun Pocono and Resorts Casino Hotel, and Incheon International Airport Corporation have signed a memorandum of understanding to develop, build and operate a first-of-its-kind gateway entertainment city in South Korea. The resort will include a 18,500 sq. m. casino with 250 tables and 1,500 slot…

South Korea – Chow Tai Fook wants to spend US$2.6bn on Incheon casino

Hong Kong’s Chow Tai Fook Enterprises, a subsidiary of Chow Tai Fook Jewellery Group, has confirmed it wants to invest US$2.6bn to construct a casino resort near South Korea’s largest airport. The resort casino’s location will be close to where two other huge casinos will be built, one by Caesars Entertainment and Lippo and one…

South Korea – SJM linked to management of Paradise City

Newspaper reports out of Seoul are stating that Macau-based SJM Holdings has been offered the chance to jointly manage the future casino at Incheon International Airport by its owners and developers; Paradise and Sammy Holdings. None of the parties involved have so far commented on the link. If it were to materialise it would mark…