The Mohegan Tribe of Connecticut is joining the Mashantucket Pequot Tribal
Nation in seeking to restructure debt associated with its gaming enterprise.
The tribe plans to restructure nearly $200 million in debt, The New London Day reported. The move came as the tribe announced a big drop in gaming income -- between 20 percent and 23 percent -- over the last fiscal year.
The Mohegan Tribal Gaming Authority operates Mohegan Sun in Connecticut and Mohegan Sun at Pocono Downs, a commercial casino in Pennsylvania.
Get the Story:
Mohegans review debt situation as profits slide (The New London Day 10/15)
Mohegan Revenue Down
(The Hartford Courant 10/15)
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