Quote of the Day

“We view our position in Korea as highly advantageous, as when we open we will be the only true integrated entertainment resort in Northern Asia — an enviable position given our proximity to Shanghai, Beijing, Seoul and Tokyo … some of the largest areas in the world. In aggregate they carry some of the most affluent, mobile and fastest-growing populations on the planet.” — Mohegan Gaming & Entertainment CEO Mario Kontomerkos, betting the house on Project Inspire in Incheon, South Korea, which hasn’t even broken ground yet. MGE bought out its minority partner in the $1.6 billion megaresort, which is mostly debt-financed.