Mohegan Entertainment and Gaming has announced the signing of a ‘tactical partnership’ together with Paramount Pictures Corporation that is to observe a theme park added into the integrated casino resort it is planning to construct in South Korea.
The Connecticut-based casino operator used an official Thursday press launch to detail that the agreement is to observe a 99-acre attraction branded around popular creations from the movie studio incorporated into its $1.6 billion Project Inspire development, which is to be found next door to Incheon International Airport.
Mohegan Gambling, which is an enterprise of the federally-recognized Mohegan Tribe, further clarified that its hopes the theme park to open around 2025 within the next stage of Project Inspire’s evolution and be attached directly to the place ’s coming retail and entertainments village.
Kevin Brown, Chairman for the Mohegan Tribe, announced that he was ‘joyful ’ to have inked the alliance with Hollywood-headquartered Paramount Pictures Corporation, which is a subsidiary of American media conglomerate Viacom Incorporated, before afterwards revealing that he hopes to begin work on the first stage of Project Inspire in May.
Brown’s announcement read…
“With Paramount [Pictures Corporation] alongside as we answer the demand of now ’so consumers, the Inspire integrated entertainment resort model not only shows our dedication to trend-setting in this business but also demonstrates the Mohegan Tribe’s dedication to growing South Korea’s traveling, tourism and workforce development goals while securing the civic sustainability of the Mohegan Tribe.
In addition, Mohegan said that the first stage of Project Inspire is anticipated to open in 2022 with a five-star hotel with some 1,250 rooms, suites and villas along with a foreigner-only casino full with around 700 slots and 150 gaming tables. It noticed that the initial stage of the 420-acre development would be to furthermore come complete with a 15,000-seat sports and concerts arena as well as approximately 204,000 sq ft of conference and conference space.
For his part, Kevin Suh, Themed Entertainment Executive Vice-President for Paramount Pictures Corporation, proclaimed that his company now ‘appears forwards ’ to opening the subject park at Project Inspire and becoming ‘portion of one of the world’s premiere entertainment destinations. ’