Connecticut tribal casino operator Mohegan Sun has confirmed it is seeking a South Korean casino with local partner Incheon International Airport Corporation (IIAC).
On Tuesday, the Mohegan Tribal Gaming Authority (MTGA) announced it had signed a memorandum of understanding with the IIAC to develop a “first of its kind gateway entertainment city” in South Korea. The parties hope to have a finalized concept agreement by June 30 and a scope of work proposal by the end of 2015.
The plan is to develop a 3.2-square-kilometer parcel of IIAC-owned land at the Incheon International Airport that would include an 18,500-square-meter foreigners-only casino with 250 gaming tables and 1,500 slot machines. Non-gaming amenities would include 1,000 hotel rooms, retail and dining options, a film studio, a 20,000-seat arena and an indoor-outdoor amusement park with high-tech rides.
The project isn’t shy about its desire to attract a ritzy clientele, as 300 of its hotel rooms will be six-star quality, with the remaining 700 holding five-star designation. The project also plans to trade on its location by offering the “first and only private jet terminal in the world connected to an integrated resort.”