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LYV Live Nation Entertainment Inc

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Live Nation Entertainment Inc NYSE:LYV NYSE Common Stock
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Mohegan Gaming & Entertainment Partners with Live Nation to Provide Talent for Project Inspire

10/10/2018 7:01pm

PR Newswire (US)


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UNCASVILLE, Conn., Oct. 10, 2018 /PRNewswire/ -- Mohegan Gaming & Entertainment (MGE) and Live Nation Entertainment, the world's leading live entertainment company, today announced a multi-year partnership to acquire talent for Project Inspire – MGE's premier integrated entertainment resort currently in development in South Korea.

Project Inspire

Projected to open in 2021, Mohegan Gaming & Entertainment's multi-phase, five-billion-dollar development of Project Inspire is already living up to its name. On-track to become a first-of-its-kind integrated entertainment resort destination, features include a remarkable three-tower luxury hotel, premier shopping, gaming and entertainment amenities including a 15,000-seat indoor arena and outdoor performance space.

"Mohegan Gaming & Entertainment and Live Nation have been long-time partners in creating one of the most successful arena venues in the world for its size, the Mohegan Sun Arena in Uncasville, Connecticut," said Mario Kontomerkos, Chief Executive Officer, Mohegan Gaming & Entertainment. "Now, we are partnering again to do the same, only this time it will be at the Inspire Super Arena at the Incheon International Airport, right in the heart of the burgeoning Northern Asia entertainment market.  The move further solidifies MGE's position as the premier global gaming and entertainment resort developer and operator."

Mohegan Gaming & Entertainment's partnership with Live Nation Entertainment will ensure that Project Inspire venues attract the very best in global talent and create the region's most exciting entertainment experience.

Also commenting on the partnership, Tom Cantone, Senior Vice President, Sports and Entertainment, Mohegan Gaming & Entertainment said, "This is an exciting time for our industry in Northern Asia; our exclusive partnership with Live Nation Asia will further expand Mohegan Gaming & Entertainment into the global entertainment market. In partnership with Live Nation, our Inspire property is guaranteed to be the number one destination for guests and fans to embrace our incredible shows and must-see concerts."

"We have been thrilled by the success of what Live Nation and Mohegan Gaming & Entertainment have built together through the Mohegan Sun Arena in Uncasville and are excited to continue this partnership through Project Inspire," said Alan Ridgeway, Live Nation's President, International and Emerging Markets. "Touring throughout Northern Asia has grown significantly over the last few years, and the addition of the Inspire Super Arena can only continue to enhance that growth," concluded Ridgeway.

MGE's flagship property, Mohegan Sun, has partnered with Live Nation since 2001 to secure talent for the 10,000-seat Mohegan Sun Arena. During that time, Live Nation has delivered over 1,100 performances that have contributed to Mohegan Sun Arena's ranking amongst top venues in the world with major US tours, sellouts and national awards.

For more information on Project Inspire, visit www.mohegangaming.com 

About Live Nation Entertainment

Live Nation Entertainment (NYSE: LYV) is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Sponsorship. For additional information, visit www.livenationentertainment.com.

About Mohegan Gaming & Entertainment

Mohegan Gaming & Entertainment (MGE) is a commercial gaming company headquartered in Uncasville, Connecticut at the home of its flagship property, Mohegan Sun. MGE is owner, developer, and/or manager of integrated resorts throughout the United States, including Connecticut, New Jersey, Washington, Pennsylvania, and Northern Asia. MGE are owners and operators of Connecticut Sun, a professional basketball team in the WNBA and New England Black Wolves, a professional lacrosse team in the National Lacrosse League. For more information on MGE and our properties, visit www.mohegangaming.com.

 

Mohegan Gaming & Entertainment (MGE) (PRNewsfoto/Mohegan Gaming & Entertainment)

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SOURCE Mohegan Gaming & Entertainment

Copyright 2018 PR Newswire

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