Tags: 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…
Sydkorea – Paradise City för att öka intäkterna för Paradise
Den förväntade aprilöppningen av nya kasinoresorten Paradise City i Incheon förväntar sig att bidra till en intäktsökning för den sydkoreanska operatören Paradise Co på cirka 35.3 procent. June-vann Sung, analytiker på Seoul-baserade mäklarhuset Shinhan Investment, sa: "Paradise Co som helhet förväntas sälja 938.6 miljarder KRW [805.3 miljoner USD]. Aktiekursen…
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…
Sydkorea – SJM kopplat till ledningen av Paradise City
Tidningsrapporter från Seoul säger att Macau-baserade SJM Holdings har erbjudits chansen att gemensamt förvalta det framtida kasinot på Incheon International Airport av dess ägare och utvecklare; Paradise och Sammy Holdings. Ingen av de inblandade parterna har hittills kommenterat länken. Om det skulle bli verklighet skulle det markera...
