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Mohegan Gaming News
Mohegan Sun installs half-cent slots
22 Mar 2007
Mohegan Sun reports the installation of 20 half-cent slot machines in its Casino of the Earth and Casino of the Sky, and plans to install an additional 15 to 20 half-cent machines over the next two to three weeks.
Tribal casinos speak at conference
21 Mar 2007
The three largest Native American casino operators in the East will speak about "The New Power of Indian Gaming" in a special presentation of the 11th annual East Coast Gaming Congress.
MTGA enters $1 billion loan agreement
13 Mar 2007
The Mohegan Tribal Gaming Authority has entered into
a Second Amended and Restated Loan Agreement for up to $1.0 billion.
Foxwoods, Mohegan Sun keep expanding
26 Feb 2007
News Brief: Foxwoods Resort Casino and Mohegan Sun announced major partnerships in 2006, the latest strategy for growth at two casinos that are already among the largest in the world.
Mohegan Tribal Gaming Authority reports Q1 results
31 Jan 2007
Mohegan Tribal Gaming Authority reports record first quarter gaming revenues of $346.9 million, a 10.0% increase over the corresponding period in the prior year.
Mohegan Tribal Gaming Authority reports results
28 Nov 2006
The Mohegan Tribal Gaming Authority reports record fourth quarter gaming revenues of $342.3 million, a 6.9% increase over the corresponding period in the prior year.
Mohegan Officials Speak at Conference
28 Sep 2006
Mohegan Tribal officials will speak at the Deutsche Bank 2006 High Yield Conference to be held at The Phoenician in Scottsdale, Arizona.
Penn National, MTGA Amend Purchase Agreement
9 Aug 2006
Penn National Gaming, Inc. has agreed with the Mohegan Tribal Gaming Authority to amend its October 14, 2004 Purchase Agreement.
Mohegan Tribe Reconsiders Slot Casino
14 Jul 2006
News Brief: The Mohegan Tribal Gaming Authority is likely to decide in the next several weeks whether to proceed with its Mohegan Sun at Pocono Downs slot machine casino project.
Mohegan Tribal Gaming Results Up
26 Apr 2006
The Mohegan
Tribal Gaming Authority reports record second quarter gaming revenues of $303.9 million, a 6.9% increase
over the corresponding period in the prior year.
Mohegan Tribal Gaming Authority Head Resigns
26 Apr 2006
The Mohegan Tribal Gaming
Authority reports that its Chief Executive
Officer, William Velardo, has resigned.
Mohegan Sun Reports Mixed Results
5 May 2005
Mohegan Sun reports Q2 net income of $28.3 million, an 18.4% decrease from Q2 2004. Q2 gaming revenues of $284.4 million, a 3.8% increase over Q2 2004.
Pennsylvania Horse Racing Association Gets New Members
13 Apr 2005
News Brief: MTR Gaming Group and the Mohegan Tribal Gaming Authority have joined the Pennsylvania Horse Racing Associaition, bringing the group’s number of company members from three to five.
Mohegan Sun Results Up
8 Feb 2005
Mohegan Tribal Gaming Authority reports that net revenues for the Mohegan Sun for the Q1 2005 increased by
$12.3 million, or 4.0%, to $319.3 million from $307.0 million for Q1 2004.
Mohegan Tribal Gaming Authority Expects Rise in Results
3 Feb 2005
he Mohegan Tribal Gaming Authority reports gaming revenues for Q1 2005 between $285 million and $288 million. This would result in an increase between 4% and 5% over the same period in the prior year.
Penn National Completes Sale of Pocono Downs
26 Jan 2005
Penn National Gaming, Inc. has completed the previously announced sale of The Downs Racing and its subsidiaries to the Mohegan Tribal Gaming Authority for approximately $280 million.
Washington Tribe Promotes Casino Proposal
7 Jan 2005
News Brief: To persuade the community to support a tribal casino near La Center, the Cowlitz Tribe pointed to the track record of its business partner, The Mohegan Tribe of Connecticut, in a series of meetings Thursday.
Mohegan Tribal Gaming Authority Competes Note Offer
22 Dec 2004
The Mohegan Tribal Gaming Authority has completed its offer to the holders of its 7 1/8% Senior Subordinated Notes due 2014 to exchange such notes for an equal amount of its newly issued 7 1/8% Senior Subordinated Notes due 2014.
Mohegan Authority Names New President, CEO for Tracks
22 Nov 2004
The Mohegan Tribal Gaming Authority, the operators of Mohegan Sun, announced today that Robert Soper has been designated to become President and Chief Executive Officer of Pocono Downs and five Pennsylvania off-track wagering operations.
Mohegan Results Mixed
16 Nov 2004
Mohegan Tribal Gaming Authority reports gaming revenues for Q4 of $296.9 million, a 4.2% increase over the corresponding period in the prior year. Net income was $9.3 million, a 69.8% decrease from Q4 2003.
Mohegan Tribe Signs Deal with Wisconsin Tribe
22 Oct 2004
The Mohegan Tribal Gaming Authority has entered into a management agreement with the Menominee Indian Tribe of Wisconsin and the Menominee Kenosha Gaming Authority.
Penn National to Sell Track, OTB Facilities
15 Oct 2004
Penn National Gaming, Inc. has entered into an agreement whereby a subsidiary of Penn National will sell The Downs Racing and its subsidiaries to the Mohegan Tribal Gaming Authority.
Mohegan Gaming Authority, Washington Tribe Enter Deal
27 Sep 2004
The Mohegan Tribal Gaming Authority has entered into a development agreement and a management agreement with the Cowlitz Indian Tribe.
Mohegan Gaming Authority Reorganizes Management
24 Aug 2004
The Mohegan Tribal Gaming Authority reports today a reorganization of top management of its Mohegan Sun casino operation.
Mohegan Gaming Revenues Up
26 Jul 2004
The Mohegan Tribal Gaming Authority reports that gaming revenues for Q3 were between $278 million and $280 million. This would result in an increase between 2% and 4% over Q3 2003.
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