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Mohegan Tribe looks elsewhere as casino returns fall at home


Filed Under: Casino Stalker | Connecticut | New York
More on: connecticut, economy, massachusetts, mohegan, new york, pennsylvania
   

Artist's rendering of proposed $1.3 billion Mohegan Sun casino in Massachusetts. Image from Mohegan Sun Massachusetts

The Mohegan Tribe is looking to expand its gaming empire as revenues at its reservation-based casino in Connecticut continue to fall.

The tribe operates a commercial facility in Pennsylvania and manages a commercial facility in New Jersey. The tribe is also proposing the $1 billion Mohegan Sun Massachusetts near Boston and a $600 million casino in the Catskills, a region about 90 minutes north of New York City.

“Keeping focused on the Northeast makes the most sense for us,” Mitchell Etess, the chief executive of the Mohegan Tribal Gaming Authority, told Bloomberg Businessweek. “It’s where our brand is most known.”

Back at home, the Mohegan Sun casino continues to outperform the nearby Foxwoods Resort Casino, owned by the Mashantucket Pequot Tribal Nation. But both facilities have suffered since the national economic recession in 2008.

Get the Story:
Mohegan Sun Chases New Markets as Connecticut Casino Sales Slide (Bloomberg Businessweek 7/10)

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