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FRIDAY, MAY 3, 2002

The Mohegan Tribe of Connecticut has more than $1 billion in debt due to the expansion of its casino.

The expansion has been successful, according to numbers the tribe's gaming authority released on Thursday. Daily visits are 35,000; up from 10,000 prior to the expansion.

The debt has cut profits in half, however. For the first three months of the year, profit was $20 million, down from $41.5 the same period in 2001.

Get the Story:
Sunburst hits $1B with overruns (The New London Day 5/3)
Attendance is up, but high debt has cut profits by half (AP 5/3)

Relevant Links:
Mohegan Sun Casino - http://www.mohegansun.com

Related Stories:
Mohegan Tribe hotel open for business (4/24)
Mohegan Tribe debuts hotel (4/23)