Mohegan Allocates $120 Million for South Korean Project Inspire
Mohegan has also agreed to make further equity contributions if necessary to cover certain development costs or prepare the facility for opening. Additionally, the company noted that lenders have approved some amendments to the Inspire development plan, including changes to the project scope and increased costs due to inflation.
The Inspire Integrated Resort is a massive casino resort project, with its initial launch expected by the end of 2023. If all goes according to plan, the casino could welcome its first visitors by early 2024. Inspire will be the first of its kind, featuring a $5 billion (nearly 440 billion rubles) luxury hotel with three towers, along with gaming areas, restaurants, entertainment venues, retail spaces, and a conference center.
The complex is conveniently located near Incheon International Airport on Yeongjong Island, making it easily accessible for international tourists. This is particularly significant, as the casino will be open exclusively to foreigners.
Previously, Mohegan focused solely on the North American market, owning casino resorts in Pennsylvania, New Jersey, Connecticut, Washington, and Nevada. However, the Inspire Integrated Resort reflects the brand's ambitions to expand into new markets.
In related news, Caesars has stated it will not exceed its budget in pursuit of a New York license.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
