After several days of unconfirmed reports that a deal was imminent, US casino operator Mohegan Sun has announced it will develop a major casino resort in South Korea.
An agreement has been inked with Incheon International Airport Corp to build what Mohegan Sun calls "the first private jet terminal in the world connected to an integrated casino resort."
The project will be developed on a 800-acre parcel of land within Incheon International Airport, one of the fastest expanding airport hubs in Asia, now handling more than 40 million passengers annually.
It will feature a 200,000 square feet casino with 250 tables and 1,500 slot machines, a 20,000 seat sports arena, and a two-tower luxury hotel with 1,000 rooms.
In addition there will be a retail complex and an amusement park.
This will be Mohegan Sun’s first project outside the US and is still subject to being granted a gaming licence from South Korea’s Ministry of Culture, Sports and Tourism.
"We look forward to extending the unique Mohegan Sun brand, focused on unparalleled hospitality and guest experience, to South Korea and providing a new, global customer base at a one-of-a kind, must-visit destination," said Bobby Soper, president of Mohegan Sun in a news release.
