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"High interest rates, inflation, the war in Ukraine, as effectively as Gaza-Israel conflict, continue to weigh on international economic activities," it stated. "The rise in interest rate has dampened the rebound of worldwide economy, and the markets count on interest price cuts in 2024. Having said that, it is believed that interest rates will stay higher for some time, and the forthcoming years will remain difficult for the Group. As such, the gaming company recorded net revenue of HK$46.8 million (US$6. million) in 2023, up 1.four% year-on-year, but a segment loss of HK$258.four million (US$33. million), widened by some 49%. Future planned expansion phases at Inspire include a connected indoor walkway to Incheon International, which would make the resort the initially and only casino in the globe with its own private air terminal. Given that 1971, the Korea Tourism Association has been rating hotels as element of the government’s commitment to promoting the nation as an best tourist destination for foreign travelers. Mohegan Inspire is a planned $5 billion destination development that will be completed via many added building phases. The Mohegan Tribal Gaming Authority announced this week that the Korea Tourism Association had designated Inspire a five-star hotel.