“Going concern” threat emerges as Mohegan defaults on Korea term loan, warns of need to refinance 2025 credit facility

Mohegan confident Korean resort Inspire will be cash flow positive by end-2024

“Going concern” threat emerges as Mohegan defaults on Korea term loan, warns of need to refinance 2025 credit facility

02/01/2025

US tribal casino operator Mohegan Gaming says it may need to seek additional liquidity after confirming an event of default ...

Korea’s Mohegan Inspire reports net revenues of US$101 million since opening, volumes on the rise

Korea’s Mohegan INSPIRE reports US$62 million in net revenues in September quarter

by Ben Blaschke

01/01/2025

Korea’s Mohegan INSPIRE generated net revenues of US$62.2 million in the three months to 30 September 2024, slightly higher than ...

Grand Korea Leisure November casino revenue up 21% month-on-month to US$26 million

by Newsdesk

04/12/2024

Foreigner-only casino operator Grand Korea Leisure ended a run of consecutive sequential declines in November, with casino revenue rising 21.1% ...

Korea’s Paradise Co sees strong growth in casino revenue in November

by Newsdesk

03/12/2024

Leading Korean foreigner-only casino operator Paradise Co reported casino revenue of KRW71.9 billion (US$51.2 million) in November, up 31.3% year-on-year ...

Mass gaming segment drives sequential revenue growth for Korea’s Kangwon Land in 3Q24

Korea’s Kangwon Land to invest US$128 million into second casino facility

by Ben Blaschke

03/12/2024

South Korea’s Kangwon Land, the only casino in the country at which locals are permitted to gamble, says it will ...

Tag: South Korea