Ray Pineault, chief executive and president of Mohegan, has said that construction of the company’s upcoming integrated resort in Incheon, Inspire Korea, is ahead of schedule. He said the project is 45.3% complete and 4.5% ahead of schedule, with non-gaming facilities to open in the latter part of 2023, followed by the casino upon licensing.
The IR is being developed in Yeongjong Island’s Free Economic Zone near Incheon International Airport. It’s expected to feature 150 gaming tables, 700 electronic gaming machines, three five-star hotels with close to 1250 hotel rooms and a 19,000-square metre conference space.
Pineault mentioned plans for additional equity investments to expand hotel rooms, convention and meeting spaces, and food and beverage capacity. The CEO said the investments aim to ensure sufficient non-gaming amenities to capture a strong market share and support other programming for the resort, including the arena.
