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Business
April 11, 2025
Mohegan Takes New Refinancing Step, Issues $1.2BN Secured Notes
The owner, developer, and manager of premier entertainment resorts in the U.S. and Canada, Mohegan Tribal Gaming Authority, has taken a major step toward a more complex financial restructuring plan by issuing $1.2 billion in new secured notes. New Refinancing Efforts This move marks the beginning of a series of refinancing efforts that will include […]
Industry
March 24, 2025
Freedom Plaza Shares Vision for New York Green Space
With a total of three New York downstate licenses, a total of 11 entertainment and gaming companies have demonstrated interest in winning one. As competition is fierce, every potential bidder brings lots to the table, with most proposing investments in billions of dollars. Only recently, one of the license contenders, Mohegan, along with its partner […]
Business
February 19, 2025
Bain Capital Takes Control of Mohegan INSPIRE as MGE Defaults on Debt
All seemed to be going well for the Mohegan INSPIRE Entertainment Resort in South Korea. Unfortunately for the ambitious tribal operator, financial hurdles led to private equity firm Bain Capital securing a controlling stake in Mohegan’s Korea-facing division, MGE Korea. In the aftermath of the takeover, Mohegan vowed to continue to negotiate an outcome that […]
Business
January 22, 2025
LiveRamp and Mohegan to Launch Pioneering Casino Media Network
NYSE-listed data collaboration platform used by some of the most innovative companies on the planet, LiveRamp, has announced a fresh partnership with Mohegan, a global leader in casino and entertainment. The two will launch the industry’s first casino media network, giving brands access to Mohegan’s rich first-party data. According to the new agreement, brands using […]
Business
January 22, 2025
Analyst Flags Weakening Credit Trends for Mohegan Gaming
At the start of the new year, the leading gaming, hospitality and entertainment company, Mohegan Gaming and Entertainment, announced that the Mohegan Tribal Gaming Authority entered into a fourth amendment to credit agreement and BIA loan agreement. The announcement came at a time when the company recorded performance under the expectations of its Inspire Korea […]
Business
January 2, 2025
Mohegan INSPIRE Posts Inspiring Q3 Financials
The Mohegan INSPIRE Entertainment Resort in South Korea has disclosed its Q3 financials, revealing that business continues to gain traction. The new property, adjacent to the bustling Incheon International Airport, reflects the American company’s ambition to expand on a global level. Gaming and Visitation Continued to Grow As reported by Inside Asian Gaming, Mohegan INSPIRE […]
Industry
October 21, 2024
Mohegan Sun’s Plan to Enhance AI Capabilities Raises Concerns
Artificial intelligence (AI) offers a range of efficiencies and many sectors across the globe use it to power their businesses. In one such move, Mohegan Sun, the leading gaming and hospitality company, recently confirmed that it will leverage AI solutions to enhance the experiences of visitors to its Mohegan Sun Hotel and Casino in Connecticut. […]
Industry
September 26, 2024
Man Sentenced to 8 Years After Selling Fentanyl Cocaine at Mohegan Sun
A man responsible for an overdose at a Connecticut casino that claimed the life of a young victim was recently sentenced to nearly a decade behind bars. Drug Dealer Goes to Prison After Young Casino Patron’s Death The criminal case involved a 44-year-old New Haven resident identified with the initials J.S. This week, the US […]
Sports
September 6, 2024
Mohegan Sun and FanDuel Launch New Sports Podcast
Tribal gaming operator Mohegan has joined forces with sportsbook juggernaut FanDuel to launch a new sports betting podcast. Sportsbook Live from Mohegan Sun just aired its first episode, providing sports fans with expert opinions on the upcoming NFL season. The Podcast Comes Just in Time for the NFL Sportsbook Live from Mohegan Sun will be […]
Legal
August 16, 2024
Former Hollywood Mogul Tries to Wipe out $3M Debt to Mohegan Sun
A former Hollywood executive, who allegedly owes more than $2.7 million in unpaid markers to the Mohegan Sun Casino in Montville, Connecticut, is reportedly trying to get out of his gambling debt. The case involves Ron Meyer, the co-founder of Creative Arts Agency and Universal Studios chief operating officer between 1995 and 2013. Despite half […]
