Archive

_2021-04-01
Mohegan Sun's project in Incheon South Korea has received government approval for an extension to its construction deadline and tweaks to the business plan.

_2021-03-22
South Korea, which attracted significant interest when it first opened for foreign investors, is now seen as holding limited appeal unless the government agrees to relax its stance on local gaming.

_2021-02-26
Caesars' Entertainment CEO Tom Reeg responded to an analysts' question on the sale of its Korea venture by saying: "Korea has gone, we sold it for some barbecue pork. We sold it back to our partners and have no more commitment. We're out."

_2021-02-25
The planned gaming and entertainment zone in Incheon, South Korea, is facing delays on almost all fronts, mainly, but not entirely, due to the coronavirus pandemic.

_2021-02-22
R&F Properties, a Hong Kong-listed company that bought out Caesars Entertainment's share in a joint venture project in Incheon, South Korea, needs government approval to continue with the development.

_2021-02-22
The reports in the Korea media last week have proven to be correct: Caesars Entertainment has withdrawn from its project in Incheon, and in doing so gave up its last interest in Asian gaming under its new, US market-focused leadership.

_2021-02-18
Reports in the South Korean media suggest that Caesars Entertainment may have decided to completely withdraw from its IR project in Incheon, South Korea, in order to focus exclusively on the domestic US market.

_2020-08-25
Ambitious plans to build a cluster of IRs near Incheon Airport are beginning to hit roadblocks as Covid-19 disrupts financing options, according to th

_2019-11-14
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.

_2018-02-19
LongRunn International, a Chinese real estate and resorts developer, has reportedly agreed to construct a $4.5 billion property near the Incheon Inter

_2017-09-12
A new cruise ship terminal is set to be built just 5km from Incheon International Airport, with the aim of boosting passenger traffic to the airport a

_2017-03-15
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)...

_2017-03-13
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 the Hong

_2017-03-09
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 the intern

_2016-11-02
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. 

_2016-03-23
Hong Kong-listed Lippo Ltd is considering withdrawing from its proposed joint venture with US gaming company Caesars Entertainment Corp. to build a ca

_2015-11-10
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

_2015-08-27
Korea's Ministry of Culture, Sports and Tourism has selected 9 foreigners-only integrated resort sites for which the ministry will now conduct a reque

_2015-06-29
Lippo Ltd, which is developing a resort in South Korea, recorded a sharp rise in profit attributable to shareholders of approximately HK$552.2 million