After reporting another dip in gaming revenues, the Mohegan Tribe of Connecticut saw the outlook rating of its gaming operations downgraded by Standard & Poor's.
S&P downgraded the Mohegan Tribal Gaming
Authority's outlook from stable to negative. But the tribe's credit rating stayed the same at "BB-."
Gaming officials said they weren't surprised by the move. On Wednesday, the tribe reported a $10.3 million year-to-year loss in revenues at the Mohegan Sun Casino.
Get the Story:
Mohegan Sun officials say downgrade of outlook rating came as no surprise
(The New London Day 5/9)
pwday
Connecticut
Mohegan Tribe sees downgrade in outlook rating
Friday, May 9, 2008
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