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Inspire Korea brings Las Vegas’s influence to the global market
LAS VEGAS, March 15, 2024 /PRNewswire/ — Local architect agency Steelman Partners, who designed both Circa and Resorts World and was led by Paul Steelman, celebrated the opening of Inspire Korea on March 5. Steelman Partners was contracted in 2018 to be the resort’s Design Architect. Inspire Korea is the largest privately funded construction project in Korea.
Steelman Partners Creates Mohegan’s Inaugural Asian Resort – Celebrated Grand Opening March 5 Steelman Partners Creates Mohegan’s Inaugural Asian Resort – Celebrated Grand Opening March 5
“Creating Mohegan’s inaugural Asian Resort, Inspire, was a delight, drawing upon the design ethos of Mohegan Sun, a prominent figure in Integrated Entertainment Resort development. Embracing this opportunity, our team focused on blending cultural authenticity with luxurious amenities,” says Steelman. “We aimed to transport guests into an immersive Asian experience featuring opulent accommodations, exquisite dining options, and captivating entertainment. Meticulously creating spaces and cutting-edge technology further elevated the guest experience. This endeavor marked a milestone for Mohegan and represented a commitment to innovation and cultural appreciation in resort development.”
Paul explained, “The resort’s development has been collaborative, with Steelman Partners (from Las Vegas) handling the conceptual architecture and our team serving as the interior designers for critical areas such as Aurora and Splash Bay. Additionally, Jeffrey Beers from New York contributed his expertise as an interior designer for another portion of the interiors. It’s been an incredible journey working alongside a diverse group of architects, designers, and engineers from Korea who have brought their unique perspectives and talents to the project.”
Key elements include a robust casino…
Mohegan Inspire Entertainment Resort could outpace rivals, according to CBRE.
South Korea.- CBRE Capital Advisors has forecast that the Mohegan INSPIRE Entertainment Resort, the recently launched casino complex in South Korea, will achieve positive cash flow within its first three years of operation. The resort had a soft opening in November and launched gaming on February 3. It was the first time in almost two decades that a new foreigner-only casino has opened in South Korea.
CBRE analysts Colin Mansfield and Connor Parks foresee a mature annual EBITDA of approximately US$150m with robust margins and debt service coverage in its ramp-up phase. They said the project has access to an estimated US$179m in cash as of December 31, 2023, earmarked for construction payables and preopening expenses.
The report says the casino could have a faster ramp-up than its competitor, Paradise City, due to a less phased opening and a wide range of non-gaming amenities. Analysts believe that Mohegan Inspire can outperform Paradise City because of its greater focus on slots and larger room base. The report expects the average win-per-unit-per-day to be in line with the average in Asia, except for Macau and Singapore, which far exceed casinos in South Korea, the Philippines, Malaysia, and Cambodia.
The casino has over 150 table games, 390 slot machines, and 160 electronic table games (ETG). It has a floor for VIP guests featuring a Guandong-style restaurant. Mohegan Gaming & Entertainment (MGE) posted net revenue of US$425.2m for the first quarter of the fiscal year 2023-2024, up 4.6 per cent compared to the previous quarter.
Home » HOTEL NEWS » Grand debut: Mohegan’s Premier Asian Resort crafted by Steelman Partners unveiled March 5th
Friday, March 15, 2024
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Steelman Partners, a local architectural agency led by Paul Steelman and renowned for designing both Circa and Resorts World, marked the inauguration of Inspire Korea on March 5th. Having been appointed as the resort’s Design Architect back in 2018, Steelman Partners played a pivotal role in bringing this project to fruition. Notably, Inspire Korea stands as the largest privately funded construction endeavor in Korea.
“Creating Mohegan’s inaugural Asian Resort, Inspire, was a delight, drawing upon the design ethos of Mohegan Sun, a prominent figure in Integrated Entertainment Resort development. Embracing this opportunity, our team focused on blending cultural authenticity with luxurious amenities,” says Steelman. “We aimed to transport guests into an immersive Asian experience featuring opulent accommodations, exquisite dining options, and captivating entertainment. Meticulously creating spaces and cutting-edge technology further elevated the guest experience. This endeavor marked a milestone for Mohegan and represented a commitment to innovation and cultural appreciation in resort development.”
Paul explained, “The resort’s development has been collaborative, with Steelman Partners (from Las Vegas) handling the conceptual architecture and our team serving as the interior designers for critical areas such as Aurora and Splash Bay. Additionally, Jeffrey Beers from New York contributed his expertise as an interior designer for another portion of the interiors. It’s been an incredible journey working alongside a diverse group of architects, designers, and engineers from Korea who have brought their unique perspectives and talents to the project.”
Key components comprise a dynamic casino serving as the primary revenue driver, opulent accommodations intricately connected to the casino to elevate guest satisfaction and bolster revenue per available room (RevPAR). Complementing these are a compact conference center aimed at…
March 15, 2024 – Women’s National Basketball Association (WNBA) – Connecticut Sun News Release
Uncasville, CT – Today, the Connecticut Sun announced its theme nights and promotional schedule for the 2024 season. To accompany the first-class basketball and family-friendly environment that fans enjoy when attending Connecticut Sun games in person, fans will have numerous chances to participate in exciting contests, honor changemakers in their locals communities, and collect Connecticut Sun swag and prizes.
The 2024 season tips off with the Sun’s Bring the Heat Home Opener presented by Walgreens during Connecticut’s first matchup against the Indiana Fever at Mohegan Sun Arena at 7:30PM EST on May 14. Fans will get to know the Connecticut Sun’s newest players, while welcoming back their favorite players from the 2023 season, including the Engine, Alyssa Thomas; five-time WNBA All Star DeWanna Bonner; and the 2022 Sixth Player of the Year, Brionna Jones, playing back on her home court for the first time after suffering an Achilles injury during the 2023 season.
The month of May will see four more home games at Mohegan Sun Arena, continuing on May 17 at 7:30PM EST against the Washington Mystics, where the first 2,500 fans will have the opportunity to pick up a Connecticut Sun hat sponsored by TRULY. Ten days later on May 28, the Sun will take on the Phoenix Mercury at 7:00PM EST for Sustainability Night presented by Connecticut Green Bank, where fans will receive tote bags containing seed packets, courtesy of Connecticut Green Bank. May concludes with a Friday night matchup against the Dallas Wings at 7:30PM EST on May 31 for Superhero Night, presented by Yale New Haven Health. Fans will have a chance to thank and recognize active military, veterans, first responders and essential workers throughout the New…
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Simsbury, Lewis Mills and Northwest Catholic are looking championships Saturday at Mohegan Sun Arena.
Three area basketball teams hope to win state championships on Saturday at the CIAC finals at the Mohegan Sun Arena in Uncasville.
The No. 2 Lewis Mills boys basketball team will be seeking their first championship since 1996 when they face No. 5 Bunnell-Stratford in the CIAC Division III title game on Saturday at 12:30 p.m.
At 3 p.m., the No. 2 Northwest Catholic girls basketball team will be looking to win consecutive state titles for the first time when they challenge No. 5 Sheehan-Wallingford in the Class MM championship game.
At 6:15 p.m., No. 2 Simsbury girls basketball will be playing in the state final for the first time in team history. The Trojans will be facing No. 1 Holy Cross, which won a state championship just two years ago in 2022 with a win over Bacon Academy. Simsbury and Holy Cross are both defensive-minded teams that used their defensive skills to advance to the championship game.
The schedule of games is as follows:
Saturday, March 16 (Session 1)
10 a.m. Class M Girls Windham vs. St. Paul
12:30 p.m. Div. III Boys Bunnell vs. Lewis Mills
3 p.m. Class MM Sheehan vs. Northwest Catholic
Saturday March 16 (Session 2)
6:15 p.m. Class L Girls Simsbury vs. Holy Cross
8:15 p.m. Div. II Boys West Haven vs. Windsor
Sunday, March 17 (Session 3)
10 a.m. Div. IV Boys Cheney Tech vs. Innovation
12:30 p.m. Class S Girls Somers vs. Thomaston
3 p.m. Div. V Boys Coventry vs. Old Lyme
Sunday, March 17 (Session 4)
6:15 p.m. Class LL Girls Hamden vs. Sacred Heart Acad.
8:15 p.m. Div. I Boys Notre Dame-WH vs. St. Bernard
Championship capsules
BOYS BASKETBALL
CIAC…
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