Mohegan Sun to build casino on grounds of South Korea's Incheon International Airport

The Indian tribe that operates the Mohegan Sun casino in Connecticut has reached an agreement to build and run a gaming resort on the grounds of Incheon International Airport in South Korea.

The Mohegan Tribal Gaming Authority and the Incheon International Airport Corporation announced Monday they have signed a memorandum of understanding for a resort that would include a 1,000-bedroom hotel, a casino with 250 tables and 1,500 slot machines, a 20,000-seat arena, an outdoor amusement park and other entertainment.

The resort would be connected to a private jet terminal at the airport.

Financial terms were not disclosed. The organizations say they hope to sign a final conceptual agreement by the end of June.

Incheon is the eighth largest airport in the world, serving about 45 million people a year.