Mohegan Gaming Targets 2023 To Open New Korean Resort Casino
Mohegan Gaming & Entertainment, the master developer of the awe-inspiring integrated resort, announced today that it has successfully closed financing to develop an Inspire entertainment resort in Yeongjongdo, Incheon, Korea. A total of $1.55 billion in funding will be used to develop Phase 1 for impressive IR. The project will open its doors to global travelers and game lovers in 2023, which will lead to an expected surge in local visits and a resurgence in the Korean tourism industry after COVID-19. "We have a proven track record of developing and operating leading integrated entertainment resorts in North America with successes in Connecticut, Las Vegas, and Niagara Falls, and we look forward to seeing this success abroad as the first U.S. IR to be launched in South Korea," said James Gessner Jr., Chairman of the Mohegan Tribe and MGE Management Board. INSPIRE Integrated Resort Co., MGE's wholly-owned Korean subsidiary, now has in place the funding needed for the ...