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Casinos Raked In Record-shattering $60 Billion In Income Last Year

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The Ministry of Culture, Sports and Tourism stated the addition of another casino resort, along with the two already beneath construction, will be a enhance for tourism. Partnering with South Korean chemicals maker KCC Corp., Mohegan plans to invest US$1.24 billion to create a casino, convention venues, a luxury hotel, shopping places, and a K-pop entertainment arena. South Korea has granted a license to a consortium led by U.S. casino operator Mohegan Sun to build an integrated resort project in Incheon, just west of Seoul. Also, he will lead the company’s relationships with government agencies and business partners and serve as the company’s representative director. The Mohegan Tribe was awarded a licence from the South Korean government in February 2016. It is expected to open at Incheon International Airport in Q4 and will be the largest integrated resort in Northeast Asia.

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