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Incheon IR development plans hitting roadblocks
Ambitious plans to build a cluster of IRs near Incheon Airport are beginning to hit roadblocks as Covid-19 disrupts financing options, according to the...
Inspire Korea comes into clearer focus
Mohegan Gaming & Entertainment’s plans for its Inspire Korea IR in Incheon are coming into much clearer focus, especially after CEO Mario Kontomerkos outlined his firm’s vision to Korean journalists earlier this month.
China firm plans $4.5b Incheon IR
LongRunn International, a Chinese real estate and resorts developer, has reportedly agreed to construct a $4.5 billion property near the Incheon International Airport in...
Cruise ship terminal earmarked for Incheon
A new cruise ship terminal is set to be built just 5km from Incheon International Airport, with the aim of boosting passenger traffic to...
First IR seeks to inspire lukewarm market
South Korea’s first true integrated resort is expected to open on April 20, although concerns remain about the potential for growth in the foreigner-only market. When Paradise Group and Japan’s Sega Sammy open their KRW1.3 trillion ($1.1 billion) property in Incheon next month, it will be the country’s first fully fledged integrated resort and the largest casino to date.
Lippo officially exits South Korea JV
Hong Kong-listed Lippo Limited has announced on Friday it has exited a joint casino project in Incheon, South Korea, according to a filing to...
South Korea’s first IR to open April 20
Paradise Co. and Japan’s Sega Sammy will open South Korea’s first integrated resort on April 20th on a 330,000 m2 site in Incheon, near...
Mohegan Sun ups non-gaming ante in South Korea
U.S. tribal operator Mohegan Sun says design and permitting for its $5 billion integrated resort in South Korea is proceeding at a rapid pace, and the project is currently on schedule to break ground in 2017 and open in early 2020.
Lippo Group considers withdrawing from Korea venture
Hong Kong-listed Lippo Ltd is considering withdrawing from its proposed joint venture with US gaming company Caesars Entertainment Corp. to build a casino in...
NagaCorp, GKL pull out of Korea license auction
Hong Kong-listed NagaCorp and Grand Korea Leisure said they will not participate in a bidding process for one of two integrated resort licenses being...