U.S. tribal casino operator Mohegan Sun is projected to cash in US$750 million in fee income for its bet in a new casino resort at Incheon, near South Korea’s capital Seoul.

According to GGRAsia, the Mohegan Tribal Gaming Authority is expected to receive multi-million dollar in fee income from its investment in the new South Korean casino. The tribal casino operator plans to inject US$100 million for 50-percent plus of the project’s equity.

Mohegan Sun expects to earn a development fee during construction (around US$45 million) and a 24-year management fee (3 percent of all revenues [plus] around US$30 million per year), according to the slides present by the casino operator at the Bank of America Merrill Lynch 2016 Leveraged Finance Conference.

The caveat, according to Mohegun Sun, was that the definitive management and development agreements for the property had not yet been signed. Mohegan Sun also failed to show details about financing for the construction of the casino resort.