Mohegan Provides $120M to Its Inspire Project

Mohegan’s Inspire Integrated Resort is a unique project that will mark the company’s foray into South Korea
Mohegan Provides $120M to Its Inspire Project

The Mohegan Tribal Gaming Authority released an update on its in-development South Korean resort. Inspire Integrated Resort, which will see its parent company expand internationally, will receive further financial backing needed for its completion.
As announced, on February 16 Mohegan executed an Equity Commitment Letter and agreed to make certain non-dilutive equity capital contributions to Inspire. In short, the tribal company will provide the project with additional funding, which will be crucial to turning Inspire into a reality.
 
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