Worldwide, gambling revenues climbed to more than $450 billion last year and are predicted to reach $525 billion by 2019. Read More Global gaming: Difficulties ahead? 'Seoul is the closest gaming jurisdiction to Beijing and Shanghai, with over 700 million potential customers just a two-hour airline flight away.' 'Our bid in South Korea presents an incredible opportunity for Mohegan,' Soper said. Soper says Mohegan aims to siphon off part of Macau's $40 billion dollar casino market with a bid to build a massive $1.6 billion dollar entertainment and gaming complex in South Korea, in partnership with Incheon Airport Group. borders, Mohegan is looking toward Asia for growth. We want to be in early and take advantage of all the opportunities.'Ĭurrently in a soft-launch phase, the site officially launches 24/7 once the New Jersey Division of Gaming Enforcement grants approval.īeyond online and U.S. 'While only a $100 million dollar industry within in the United States, it is a $40 billion market worldwide, and growing at a pace of almost 30 percent. 'The online gaming opportunity is significant in the United States,' Soper said. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit