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.
The company now plans to open in the first half of 2023 instead of 2022 as originally planned and will now include an outdoor activity park. It said Covid prompted the delay request and the modifications to its plan.
“The approved change plan incorporates sustainable development and forward-looking strategies, given the realistic and practical shifts in the tourism and hospitality industry hard hit by the COVID-19 crisis,” it said.
The closure of physical casinos and suspension of sports tournaments in 2020 resulted in a banner year for live casino products. Experts believe that even as we return to normality, the live casino boom will be far from over.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.