The Mohegan Tribe of Connecticut has taken a beating on its slot machine revenues over the past four years.
The tribe has weathered the storm by cutting back on expenses, making some layoffs and looking for ways to expand in other states. The tribe recently opened a $50 million hotel at the Mohegan Sun at Pocono Downs in Pennsylvania and is making a bid for a $1 billion casino in Massachusetts.
But the picture back on the reservation isn't all gloomy. The tribe is undertaking a $50 million expansion at Mohegan Sun that will include a 14-screen movie theater, a bowling alley, a food pavilion and high-end retail shops.
"We view ourselves as an entertainment destination … and it's really a myriad of amenities that goes well beyond gaming," Robert J. "Bobby" Soper, a tribal member who serves as CEO and president of Mohegan Sun, told The Hartford Courant.
Get the Story:
Mohegan Sun CEO, In His Job For A Year, Reflects On How Casino Has Fared In Tough Economic Climate (The Hartford Courant 10/22)
Mohegan Sun impact report: Palmer casino would lessen unemployment, benefit housing sales, and have minimal impact on roads (MLive 10/22)
Casinos about entertainment and amenities, Mohegan CEO says (The Philadelphia Business Journal 10/21) Related Stories:
Tribes in Connecticut report declines in slot machine revenues (10/16)
Mohegan Sun CEO, In His Job For A Year, Reflects On How Casino Has Fared In Tough Economic Climate (The Hartford Courant 10/22)
Mohegan Sun impact report: Palmer casino would lessen unemployment, benefit housing sales, and have minimal impact on roads (MLive 10/22)
Casinos about entertainment and amenities, Mohegan CEO says (The Philadelphia Business Journal 10/21) Related Stories:
Tribes in Connecticut report declines in slot machine revenues (10/16)
Join the Conversation