The Mohegan Tribal Gaming Authority, which operates Mohegan Sun properties throughout the US, along with partners KCC Corporation and Incheon International Airport Corp., have all received a license from the Korean Government to develop and build an integrated resort at Incheon International Airport in Korea.
Mohegan Sun is joined by Miura Holdings Asia, a multi-purpose investment vehicle focused on gaming, hotel and food & beverage activities in the United States & Asia, as part of the development team.
Mohegan Sun’s multi-phase development project named Project Inspire is expected to include a three-tower luxury hotel complex with 1,350 five-star and six-star guest rooms; the largest entertainment arena in South Korea, with capacity for up to 15,000 attendants; a Paramount Studios-Themed Indoor-Outdoor amusement park; and a 20,000-square meter casino. The resort will also be the first and only destination resort in the world with an adjacent private air terminal.
Phase I of Project Inspire is estimated at US$1.6 billion, with a commitment total of US$5 billion over multiple phases.