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Mohegan Sun slots revenue up 6.7 percent in December
Mohegan Sun reported its slot-machine revenue last month was up 6.7 percent over December 2010, the largest year-over-year increase in more than three years.  Mohegan Sun5/22/2012
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Chat Thursday with CEO of the Mohegan Tribal Gaming Authority
(Connecticut) -- Join us Thursday at noon on theday.com for a live reader web chat with, Mitchell Etess, Chief Executive Officer of the Mohegan Gaming Authority. Etess...
5/9/2012
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Area around Mohegan Sun called "epicenter" for development
(Pennsylvania) -- Luzerne Bank has opened its eighth location in Luzerne County in the Woodlands Inn and Resort's former parking lot. The development is just the...
5/3/2012
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Judge's ruling in I-395 fatal reinforces tribal immunity
(Connecticut) -- A Hartford Superior Court judge's decision in a suit brought by the estate of a Connecticut College student killed in a 2009 highway crash...
5/2/2012
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Mohegan Sun net falls 40 percent in 2nd quarter; new slot system previews this weekend
(Connecticut) -- The parent company of Mohegan Sun Casino Tuesday reported a 40 percent drop in second quarter fiscal 2011 net income. In a conference call about the...
5/1/2012
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Mohegan authority releases quarterly earnings
(Connecticut) -- The Mohegan Tribal Gaming Authority, owner and operator of Mohegan Sun and Mohegan Sun at Pocono Downs in Wilkes-Barre, Pa., reported net income, or...
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Mohegan Sun parent’s second-quarter profit down 40%
(Connecticut) -- The parent entity of Mohegan Sun casino reported a 40.1 percent decrease in bottom-line profit Tuesday, although income from operations climbed and cash...
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Mohegan Sun revenue falls 40 percent in 2nd quarter
(Connecticut) -- The parent company of Mohegan Sun Casino Tuesday reported a 40 percent drop in second quarter fiscal 2011 net income.
4/30/2012
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Mohegan Sun Celebrates National Burger Month With Specialty Burgers
(Connecticut) -- It's a celebration of "beefy" proportions at Mohegan Sun as 11 restaurants prepare to mark National Burger Month in May. The casino's...
4/28/2012
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Mohegan Sun to Launch New Technology
(Connecticut) -- Mohegan Sun is starting to use technology that lets slot players see promotions, bonus rewards and loyalty points while they are playing - without...
4/27/2012
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Mohegan Sun upgrades slots
(Connecticut) -- The tribal-run Mohegan Sun casino said it is joining a computer network that will allow people to participate in virtual games and online promotions as...
4/19/2012
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No automatic "no" to Mohawk casino
(Quebec) -- The Charest government is refusing to issue a categorical no to a proposal for a casino at Kahnawake on the South Shore. Native Affairs Minister Geoff Kelley...
3/31/2012
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Mohegan Sun Casino 'Mass Appeal' to celebrate Bay State
(Massachusetts) -- The 3rd annual Mass Appeal return to the Mohegan Sun Casino in Uncasville, Conn., during the month of April. Massachusetts residents visiting Mohegan...
3/30/2012
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Mohegan Sun makes annual pitch to Bay Staters
(Massachusetts) -- Mohegan Sun’s Mass Appeal program returns to the Connecticut casino next month when Bay State residents get gaming, food and shopping discounts...
3/19/2012
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After defaults, Native American gaming enterprises face capital structure questions: Fitch
(New York) -- Fitch Ratings expects high-profile Native American gaming enterprises to face continuing capital structure and cash flow challenges even after debt...
3/15/2012
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Restructurings – Mohegan, Tribal gaming credits: Know when to hold ‘em …
(Wall Street) -- Over the last three months, three tribal gaming authorities have worked out consensual debt restructurings with lenders in situations that seemed...
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Mohegan Sun February slot revenue down 3.8%
(Connecticut) -- Mohegan Sun’s February slot machine fell 3.8 percent from the prior year. “Win,” or what the casino keeps after paying off winning...
3/8/2012
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Mohegan Sun announces refinance deal with lenders
(Connecticut) -- The parent company of the Mohegan Sun casinos announced Wednesday it has refinanced debt of about $1 billion, buying it more time, an analyst said, amid...
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Mohegan Tribe completes refinancing for $1B in gaming debt
(Connecticut) -- The Mohegan Tribe of Connecticut has completed financing of about $1 billion in gaming-related debt. A $675 million credit line was due Friday, The New...
3/7/2012
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Mohegan Sun announces refinance deal with lenders
(Connecticut) -- The parent company of the Mohegan Sun casinos has announced it has refinanced debt of about $1 billion.
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Mohegan Sun Announces Refinance Deal With Lenders
(Connecticut) -- The parent company of the Mohegan Sun casinos announced Wednesday it has refinanced debt of about $1 billion, buying it more time, an analyst said, amid...
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Mohegans complete debt-refinancing
(Connecticut) -- The Mohegan Tribal Gaming Authority made it official Wednesday. The authority, operator of Mohegan Sun and Mohegan Sun at Pocono Downs in Wilkes-Barre,...
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Mohegan Tribal Gaming Authority Announces Completion of Debt Refinancing Transactions
(Florida) -- The Mohegan Tribal Gaming Authority, or the Authority, the owner and operator of Mohegan Sun in Uncasville, Connecticut, and Mohegan Sun at Pocono Downs in...
3/3/2012
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Etess, Hartmann re-up with casino
(Connecticut) -- Mitchell Etess and Jeffrey Hartmann, the Mohegan Tribal Gaming Authority's top executives, have agreed to three-year contract extensions with the...
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Mohegan authority refinancing 'a done deal'
(Connecticut) -- Although no official announcement is expected until next week, it appears the Mohegan Tribal Gaming Authority has completed a crucial refinancing of its...
2/29/2012
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Mohegan eases debt swap terms
(Connecticut) -- Mohegan Tribal Gaming Authority, the operator of Mohegan Sun casinos in Connecticut and Pennsylvania, lowered the participation requirement on a $1.1...
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Mohegan Tribal Gaming Authority Announces Amended Minimum Tender Condition and Extension of Expiration Date for Its Private Exchange Offers
(Connecticut) -- The Mohegan Tribal Gaming Authority, or the Authority, the owner and operator of Mohegan Sun in Uncasville, Connecticut, and Mohegan Sun at Pocono Downs...
2/27/2012
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Mohegan Sun Installs 360-Degree Photo Booth CRM tool lets guests share clips via Facebook, Twitter By Gabriel Beltrone
(Connecticut) -- The new 360-degree photo booth at Mohegan Sun isn’t just advertising—it’s a capital improvement. So says the casino giant, which...
2/15/2012
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Mohegan extends deadline on bond swap as tenders fall short
(Wall Street) -- Mohegan Tribal Gaming Authority, the operator of Mohegan Sun casinos in Connecticut and Pennsylvania, extended a deadline for a bond exchange to...
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Mohegan Sun January slot revenue down 2.8%
(Connecticut) -- Mohegan Sun’s slot machine revenue for the first month of the year fell 2.8 percent, according to statistics released by the casino Wednesday.
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Mohegan’s payment raises hopes for refi
(Connecticut) -- The troubled Mohegan Sun casino may not be ready to fold its cards just yet. The Mohegan Tribal Gaming Authority, the casino’s owner, which is...
2/14/2012
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Mohegan Sun plans Basketball Hall of Fame store at Mass. casino
(Connecticut) -- Mohegan Sun has signed an agreement with the Naismith Memorial Basketball Hall of Fame to build a retail store and exhibition at the Sun’s planned...
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Mohegan Extends Deadline on Bond Swap as Tenders Fall Short
(Connecticut) -- Mohegan Tribal Gaming Authority, the operator of Mohegan Sun casinos in Connecticut and Pennsylvania, extended a deadline for a bond exchange to...
2/11/2012
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Scranton man arrested after alleged theft at casino
(Pennsylvania) -- State police arrested a Scranton man early Thursday at Mohegan Sun at Pocono Downs after he allegedly picked up a wallet another patron left behind.
2/2/2012
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Improved Quarter Raises Hopes At Mohegan Sun
(Connecticut) -- The parent of Mohegan Sun casino said Thursday it that it earned $53.5 million from operations in the three months ending Dec. 31, a 21 percent increase...
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Mohegan Sun profit rises as arena sales surge
(Connecticut) -- Profits at the parent entity of Mohegan Sun rose during the last three months of 2011 amid mild winter weather and a surge in business at Mohegan Sun...
2/1/2012
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Mohegan profit rises as arena business surges
(Connecticut) -- Profits at the parent entity of Mohegan Sun casino rose during the last three months of 2011 amid mild winter weather and a surge in business at Mohegan...
1/27/2012
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Mother arrested after leaving five-year-old son to gamble at casino
(New York) -- A mother wanted on counterfeiting charges has been accused of leaving her five-year-old son alone in a hotel room so she could gamble.
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Police: 5-year-old left alone in hotel room while mom gambled in Conn. casino
(New York) -- A New York City mother was behind bars Thursday after police say she left her 5-year-old son alone in a Connecticut hotel room while she went to gamble.
1/26/2012
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Casino Outlines Strategy for Refinancing
(Connecticut) -- A debt-refinancing plan announced by the Mohegan Tribal Gaming Authority calls for bondholders to exchange nearly $1.1 billion in bonds and shaves $200...
1/25/2012
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Mohegan Seeks $1.1 Billion Bond Exchange to Refinance Debt Due in March
(Connecticut) -- Mohegan Tribal Gaming Authority, the operator of Mohegan Sun casinos in Connecticut and Pennsylvania, is asking bondholders to refinance as much as $1.1...
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Mohegan Sun Outlines Debt Refinancing Plan
(Connecticut) -- The parent company of the Mohegan Sun casino has announced a debt refinancing plan offering new terms to bond holders and reducing the loan amount.
1/24/2012
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Mohegan Sun owners outline debt refinancing plan
(Connecticut) -- The parent company of the Mohegan Sun casinos has announced a debt refinancing plan offering new terms to bond holders and reducing the loan amount.
1/22/2012
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CT Casino Faces “Wall Of Debt”
(Connecticut) -- The warning from the ratings agency could not have been more direct: The parent company of the Mohegan Sun faces a “wall of debt” due early...
1/13/2012
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Mohegan lifts its December slot take
(Connecticut) -- Mohegan Sun resort casino in Uncasville took in $57 million in December slot revenue, a rare year-over-year increase for the property with steadily...
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Mohegan Sun December slots revenues up 6.7%
(Connecticut) -- Mohegan Sun finished 2011 with the largest monthly increase of the year in its slot machine revenue, posting a 6.7 percent gain for December.
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Mohegan Sun slots revenue up 6.7 percent in December
(Connecticut) -- Mohegan Sun reported its slot-machine revenue last month was up 6.7 percent over December 2010, the largest year-over-year increase in more than three...
1/7/2012
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Outlooks for Mohegan Sun parent left static by Moody's
(Connecticut) -- Moody's Investors Service says finances recently reported by the parent company of Mohegan Sun casinos in Connecticut and Pennsylvania are improving...
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Debt still burdens Mohegan gaming
(Washington) -- The Mohegan Tribal Gaming Authority, the Connecticut-based group that is working with the Cowlitz Indian Tribe to build a casino near La Center, has not...
1/5/2012
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Mohegan Refinancing Puts Casino Operations at Risk
(Connecticut) -- The operator of the Mohegan Sun casinos has not been able to reach an agreement to refinance its $811 million debt, increasing the chances it will have...
1/4/2012
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Banks showing great flexibility on Mohegan debt, analyst says
(Connecticut) -- Bankers did not place any restrictions on a recently granted debt waiver to Mohegan Sun’s parent entity, a sign they don’t want to go to...
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Mohegan gaming mum on refinancing / Authority CEO Etess dodges questions on status of $800M debt
(Connecticut) -- Revisiting a good news-bad news scenario that surfaced a week ago, Mohegan Tribal Gaming Authority officials Wednesday touted the authority's recent...
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Mohegan Sun tells investor analysts that improving economy is boosting casino business
(Connecticut) -- Executives of the parent company of the Indian-run Mohegan Sun casinos in Connecticut and Pennsylvania say business is getting better as the economy...
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Mohegan Sun Casino sees big jump in slots revenue
(Pennsylvania) -- Mohegan Sun at Pocono Downs had the second strongest growth in slot machine revenue among Pennsylvania’s 10 casinos during December, a month when...
1/3/2012
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BLOG: The big squeeze
(Connecticut) -- The outcome of Mohegan Sun’s debt talks and the possible tsunami it could deliver to Eastern Connecticut’s economy are far from certain but...
1/2/2012
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Mohegan Sun casino fails to refinance $811M debt
(Connecticut) -- The parent company of the Indian-run Mohegan Sun casinos in Connecticut and Pennsylvania says it has failed to reach an agreement to refinance $811...
12/30/2011
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Mohegan Discloses ‘Going Concern’ Risk as It Works to Refinance
(Connecticut) -- Mohegan Tribal Gaming Authority, the operator of Mohegan Sun casinos in Connecticut and Pennsylvania, said it has yet to reach an agreement to refinance...
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Mohegan parent turns $47M profit in 4Q
(Connecticut) -- The Mohegan Tribal Gaming Authority -- owner and operator of resort casino Mohegan Sun in Uncasville and Mohegan Sun at Pocono Downs in Pennsylvania --...
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Mohegan Sun casino fails to refinance $811M debt
(Connecticut) -- The parent company of the Indian-run Mohegan Sun casinos in Connecticut and Pennsylvania says it has failed to reach an agreement to refinance $811...
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Mohegans given more time in debt talks / Tribal authority owes $1.6 billion
(Connecticut) -- The parent entity of Mohegan Sun recently received a waiver from its bankers, something the casino operator sees as a vote of confidence in its future....
12/29/2011
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Mohegan authority reports no refinancing deal yet in place; 3rd quarter earnings up
(Connecticut) -- The Mohegan Tribal Gaming Authority, which operates Mohegan Sun in Uncasville and Mohegan Sun at Pocono Downs in Wilkes-Barre, Pa., announced late this...
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Mohegan Sun owner's refinancing deal uncertain, casinos could be in jeopardy
(Connecticut) -- Mohegan Tribal Gaming Authority, the operator of Mohegan Sun casinos in Connecticut and Pennsylvania, said it has yet to reach an agreement to refinance...
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Mohegan Sun parent gets waiver from bankers
(Connecticut) -- The parent entity of Mohegan Sun has received a waiver from its bankers, something the casino operator sees as a vote of confidence for the future.
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Mohegan Tribal Gaming Authority's Fourth Quarter Fiscal 2011 Adjusted EBITDA Rises 23.8% to $90.5 Million
(Connecticut) -- The Mohegan Tribal Gaming Authority, or the Authority, the owner and operator of Mohegan Sun in Uncasville, Connecticut, and Mohegan Sun at Pocono Downs...
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Mohegans' refinancing of debt still incomplete / Bank gives waiver as half of $1.6B comes due soon
(Connecticut) -- In a belated report of its quarterly financial results, the Mohegan Tribal Gaming Authority announced strong earnings Thursday but said it has yet to...
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