U.S.-based Mohegan Gaming & Entertainment (MGE) has confirmed that it’s on schedule to complete and open its Inspire Korea resort in Incheon, South Korea, by late 2023.
The firm said “construction is progressing” on the property near Incheon International Airport, the gateway to Seoul. Its hotel tower is at “various stages between levels eight and 12,” according to a report in GGRAsia.
The integrated resort (IR) with a foreigners-only casino will have three towers with a total of 1,200 hotel rooms; a 15,000-seat arena; conference space; dining, shops and entertainment; a year-round indoor water dome; and an outdoor family park.
The tribal gaming group, which has grown beyond its home in Connecticut to develop resorts elsewhere in the U.S. as well as in Canada, posted a net income increase of 134.0 percent year-on-year in the third quarter, to nearly US$59.4 million.