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Casino
May 31, 2023
Mohegan Announces Hot Summer Fun Celebrations for 2023
Towards the beginning of May, Mohegan Tribal Gaming Authority reported double-digit growth in its second fiscal 2023 quarter due to the company’s top performance across all digital operations. Now, the owner, developer, and manager of top-tier entertainment resorts located in the US, Canada, and Northern Asia has announced the events for the much-anticipated anniversary of […]
Casino
May 16, 2023
Light & Wonder to Provide Mohegan Inspire with Systems
As a result, Light & Wonder and Mohegan Inspire Entertainment Resort in Incheon, South Korea have entered a new systems agreement that will allow the land-based venue to strengthen its operations and provide gamblers and guests with unmatched gaming experience. Light & Wonder Brings Slots and Electronic Tables This will include the installation of Light […]
Business
May 12, 2023
Mohegan Reports Double-Digit Growth in Fiscal Q2 2023
Mohegan Tribal Gaming Authority released its second fiscal 2023 quarter report on Thursday posting double-digit increases across the key performance metrics, but net loss for the period more than tripled. Mohegan Digital Is Pulling Its Weight Net revenue for the three months ended March 31, 2023, was $405.8 million, registering an increase of 13.2% from […]
Casino
April 26, 2023
Mohegan Sun Names David Fausel Director of Advertising
The leading gaming and entertainment destination in the US, Mohegan Sun, announced a new senior-level appointment Tuesday. The premium casino resort destination expanded its senior-level team by hiring the advertising and marketing industry expert David Fausel to the role of director of advertising. Becoming a part of the company’s C-suite, Fausel will be in charge […]
Casino
April 3, 2023
The Cowlitz Tribe May Dump the Mohegan from Ilani Casino Resort
The owner of Ilani Casino Resort in Ridgefield, Washington, the Cowlitz Indian Tribe, is considering cutting ties with its casino management partner, the business arm of the Mohegan Tribe, Mohegan Gaming & Entertainment. Sizeable Management Fee The Cowlitz Tribe opened its Ilani Casino Resort in 2017 and since the first day of operation, the casino […]
Industry
March 3, 2023
Mohegan Adds to Chapman and Huff to PR Team
Mohegan, a casino and entertainment giant, has announced two new additions to its corporate PR team. The company has designated Cody Chapman as a PR director and Charisse Huff as a PR manager. As members of the PR team, the two appointees will be responsible for Mohegan’s properties. Mohegan said that Chapman and Huff will […]
Casino
February 24, 2023
Mohegan Provides $120M to Its Inspire Project
The Mohegan Tribal Gaming Authority released an update on its in-development South Korean resort. Inspire Integrated Resort, which will see its parent company expand internationally, will receive further financial backing needed for its completion. As announced, on February 16 Mohegan executed an Equity Commitment Letter and agreed to make certain non-dilutive equity capital contributions to […]
Casino
February 10, 2023
Mohegan Plans to Introduce Non-Gaming Inspire Korea IR Offer in 2023
The Inspire Korea IR developed by Mohegan Gaming & Entertainment should be able to open ahead of its original schedule, and a non-gaming offering should already be available before the end of 2023, the company confirmed during its latest earnings call, summing up the results for the fourth quarter. Tourism Big Focus of Upcoming Project […]
Casino
February 9, 2023
Niagara Resorts behind Mohegan’s Strong Fiscal Q1 2023
Mohegan Tribal Gaming Authority published its financial results for the first fiscal quarter of 2023 posting strong growth in income from operations on the back of a marginal increase in revenue. Overview of the Performance Over the three months ended December 31, 2022, Mohegan generated net revenue of $406.62 million mainly due to the strong […]
Industry
February 7, 2023
Betfred Enters Nevada Market with Mohegan Sun Sportsbook
This marks the company’s first move into the Nevada sports betting market. Betfred’s New Sportsbook Opens Doors on February 9 The new sportsbook, located inside the Virgin Hotels Las Vegas, part of Curio Collection by Hilton, will open its doors on Thursday, February 9. Betfred was given the green light to manage sports betting at […]
