Good morning. Truly INSPIRE-ing things are taking place in South Korea, with Mohegan’s first venture into Asia hoping to open its casino within 10 months, after its non-gaming offerings come online in October. The $2 billion first stage of investment is just the beginning, notes the group’s COO, with much more to come. And in Singapore, Genting remains “cautiously optimistic” of its recovery, even as 2022 revenue topped $1.29 billion.
What you need to know
- Mohegan’s INSPIRE Entertainment Resort plans to open its casino within 10 months, with non-gaming offerings in October.
- Genting Singapore “cautiously optimistic” of recovery pace as group records 2022 revenue of nearly $1.3 billion.
On the radar
- Suntrust Resort Holdings confirms no delay in Manila casino project.
- APE reported net losses of $1.9mln, prepares for a turnaround in 2023.
- Air Macau launches Macau-Bangkok Don Mueang service.
AGB Intelligence
SOUTH KOREA
INSPIRE resort to open casino within 10 months
Mohegan’s first venture into Asia is coming along INSPIRE-ingly, with the property’s COO telling AGB that the casino should be opening within 10 months. The $2 billion in the first-stage investment is just part of a long-play, notes Chen Si, with many more amenities – focused around its golf offerings – to distinguish it from its regional competitors.
Corporate Spotlight
Continent 8 Technologies: The industry’s trusted infrastructure partner celebrates 25 years of reliable innovation at ASEAN 2023
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Industry Updates
- AGA updates Responsible Marketing Code.
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