Mohegan Sun’s president and chief executive Raymond Pineault said on Tuesday, during the company’s earnings call for the quarter ended June 30, that the group had made “meaningful strides” towards completing financing for the Incheon casino project. The group had confirmed in a March 31 announcement that the South Korean authorities had granted it a one-year postponement – to the first half of 2023 – on the first-phase opening of Inspire. Mohegan Gaming is developing the Inspire Entertainment Resort, a complex with a foreigner-only casino, near Incheon International Airport, South Korea’s main air hub. “My goal is to close that transaction in the very near future, remobilise, get construction going,” and have the “opening in 2023, hopefully second quarter, third quarter latest, 2023,” said Mr Soper. The Mohegan Sun executive confirmed the group was currently working on some “final financing” for the project. “Covid-19 certainly threw a curve ball”, he added.

“It’s been a rollercoaster,” Mr Soper said, in reference to implementation of the Incheon project. The video recording was released on Thursday. The international president of United States-based tribal casino operator Mohegan Gaming and Entertainment says the firm is aiming to open its Incheon casino project in South Korea by third quarter 2023 at the “latest”.īobby Soper (pictured right) made the remarks in conversation with James Maida (pictured left), chief executive of gaming testing consultancy Gaming Laboratories International LLC (GLI), as part of the latter firm’s “Illuminating Conversations” series. Newsdesk Latest News, Rest of Asia, Top of the deck Mohegan Sun eyes opening Incheon resort by 3Q2023: Soper

Olympus casino Inchon