Korean Conglomerate Hanwha Underwrites Mohegan Gaming's Incheon Resort

Mohegan Gaming & Entertainment’s (MGE) foray into Korea has received a massive boost after South Korean “chaebol” Hanwha Corporation signed on as primary contractor and completion guarantor for the Inspire integrated resort (IR).

Mohegan Gaming president and CEO Mario Kontomerkos announced ahead of an earnings conference call on Thursday that Hanwha, South Korea’s sixth-largest “chaebol”, or conglomerate, will add significant local expertise to the multi-billion dollar project.

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