Casino Stalker | Connecticut

Mohegan Tribe wins license to develop $5B casino in South Korea

Artist's rendering of the proposed casino in Korea. Image from Mohegan Tribal Gaming Authority

The Mohegan Tribe of Connecticut will be building a $5 billion casino in South Korea.

The Mohegan Tribal Gaming Authority and its partners won a license to develop the casino at the Incheon International Airport near Seoul, the nation's capital.

Project Inspire will include a foreigners-only 215,278 square-foot casino, a hotel complex with 1,350 rooms, a 15,000-seat arena, an amusement park and an "Eco Adventure Park" along with multiple shops, restaurants and other amenities.

"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," Bobby Soper, a tribal member who serves as president of MTGA, said in a press release.

Phase 1 of the project will cost $1.6 billion. Additional phases will bring the investment to $5 billion.

A groundbreaking is expected early next year with an opening in early 2020, The Wall Street Journal reported.

Get the Story:
Mohegan Sun, partners awarded South Korea gaming license (The New London Day 2/26)
Mohegan Sun lands license to develop $5 billion resort casino in South Korea (MassLive 2/26)
South Korea Chooses Mohegan Sun Group to Build Casino (The Wall Street Journal 2/26)

Related Stories:
Mohegan Tribe signs partner for $5B casino proposal in Korea (11/24)
Mohegan Tribe announces plans for $5B casino in South Korea (04/21)
Mohegan Tribe went to South Korea to discuss potential casino (04/16)