The Mohegan Tribal Gaming Authority (MTGA) operator of Mohegan Sun properties throughout the United States, along with partners KCC Corporation and Incheon International Airport Corp (IIAC) have been awarded a license from the Korean Government to develop and build a first-of-its-kind integrated resort at Incheon International Airport in Korea.
“We are pleased with the Korean Government’s decision to award us the opportunity to help fulfill their vision of driving economic development by growing tourism, creating jobs, and showcasing Korean culture via the integrated resort,” said Bobby Soper, President of MTGA following the decision.
“KCC is thrilled that its partnership with the Mohegan Tribal Gaming Authority has been awarded the opportunity to develop this exciting and transformative integrated resort which will be instrumental in bringing new generations of tourists to Incheon,” said KCC Chairman Chung Mong-Jin.
Mr. Chung Il-young, CEO of the Incheon International Airport Corporation noted, “We deeply appreciate the careful review that the Korean Government has conducted on this bold new initiative for tourism in Korea. Its selection of the Inspire project at IBC-II is wonderful news for the Incheon region and will serve as a catalyst for growth in the airport development zone for years to come.”
Mohegan Sun’s multi-phase development project named Project Inspire is expected to include, but not be limited to the following features:
Phase I of Project Inspire is estimated at US$1.6 billion, with a commitment total of US$5 billion over multiple phases.
Mohegan Sun is joined by Miura Holdings Asia, a multi-purpose investment vehicle focused on gaming, hotel and food & beverage activities in the United States & Asia, as part of the development team. Consummation of the conceptual agreement and development of the project is subject to certain governmental and regulatory approvals.
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
Sign me up for the newsletter!
Notify me of follow-up comments by email.
Notify me of new posts by email.
This Festive season light your days with The Deltin, Daman
Kashmakash – Hungama Play’s upcoming anthology show on moderncrimes in India
Starbucks X – Launch Of Limited-Edition Merchandise With Renowned International Designer, Rachel Zoe
Indian Chemical Council flags concerns regarding need to safeguard Indian Chemical industry with product-specific ‘Rules of Origin’ under the RCEP negotiations
FADA releases September’19 Vehicle Registration Data
2014 The Global Indian New Network (TGINN)