Asia
Mohegan Sun to Launch First Phase of South Korean Casino in 2022
Mohegan Sun has confirmed that they are working towards the goal to launch the first phase of its South Korean casino in 2022. The company still expects to meet its 2022 goal and currently does not foresee any schedule changes.
“Regarding Inspire, work continues and we are working toward our 2022 goal,” Mario Kontomerkos, CEO of Mohegan Sun, said.
The first phase of the project is expected to include a foreigners-only casino, a five-star hotel, an arena with seats for 15,000 attendees, conference centers and more. Mohegan Sun estimates it will cost around $1.29 billion, give or take a couple hundred thousand as construction progresses.
That first phase will give gamblers around 700 slot machines and 160 table games to choose from, but more could come later. The entire project, which is expected to cost around $5 billion by the time it’s complete, will include a total of four phases and the last is currently scheduled to open sometime in 2031.
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