The Mohegan Tribal Gaming Authority (MTGA), operators of the Mohegan Sun properties throughout the United States, have been given a green light by the Korean Government to develop and build a first-of-its-kind entertainment resort in South Korea.
It is expected to include features such as a three-tower luxury hotel complex with 1,350 guest rooms, high-end retail and dining with over 20 food and beverage concepts, the largest entertainment arena in South Korea with capacity for up to 15,000 attendees, a Paramount Studios-themed indoor/outdoor amusement park featuring the latest high-tech amusement rides, an Eco Adventure Park with indoor rock climbing and zip lining, and a casino with 250 gaming tables and 1,500 slot machines. The complex will be the first and only resort in the world with an adjacent private air terminal.
“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,” says Bobby Soper, president of MTGA.
Phase one of the ‘Project Inspire’ development is estimated at $1.6 billion, with a commitment total of $5 billion over multiple phases. Mohegan Sun is partnering with KCC Corporation and Incheon International Airport Corp to realize the project.