MTGA announces leadership change

Mohegan Tribal Gaming Authority has announced the resignation of its president and CEO Robert “Bobby” Soper, effective immediately, according to a press release from the company on Thursday.  

It was not clear why Soper’s resignation came so suddenly, but it is understood Soper resigned in order to “pursue other opportunities”.

In the interim, Soper will replaced by MTGA’s former CEO Mitchell Grossinger Etess, subject to regulatory filings or approvals.

“Having served as General Manager of both our Connecticut and Pennsylvania properties, Bobby actively pursued the growth of the Mohegan gaming enterprise to ensure its viability and survivability in an ever-increasingly competitive industry, and he helped us achieve important gains across the country and around the world,” said Kevin P. Brown, chairman of the Management Board of the Authority.

“The Authority is on good footing with its lowest debt-leverage ratio since the recession; combined with the outstanding opportunities presented by a number of management agreements put into place under his stead, MTGA is postured to sustain the tribe for generations to come. Mitchell’s experience, and sustained connection over the past year, will allow us to sustain our progress while we commence the search for a new corporate leader.”

The MTGA is an instrumentality of the Mohegan Tribe of Indians of Connecticut.

It is the operator of the Mohegan Sun, a gaming and entertainment complex located on an approximately 185-acre site on the Tribe’s reservation.

The authority is also building a new $1.2 billion integrated resort in Incheon, Korea, along with its partner KCC Corp.

Named “Inspire Integrated Resort”, the resort is scheduled to break ground in 2017, and open in early 2020.

The development will include a casino, luxury hotel, shopping areas, an entertainment arena and convention venues on the island, which is expected to be completed by 2019.

More news from this jurisdiction

ElsewhereTuesday, Apr 25, 2017

The Melco-Hard Rock consortium, which is planning an integrated resort in Limassol, Cyprus is set to sign contracts for its construction later this month.

ElsewhereTuesday, Apr 25, 2017

Gaming supplier International Game Technology PLC (IGT) has announced the appointment of Fabio Celadon as senior vice president, gaming portfolio.

ElsewhereTuesday, Apr 25, 2017

Fortuna Entertainment Group CEO Per Widerstrom, GVC Holdings COO Shay Segev and Ladbrokes ambassador Chris Kamara are just three of the key speakers at SBC Event’s Betting on Football 2017.

ElsewhereSunday, Apr 23, 2017

The Bahamas' newest integrated resort celebrated its soft opening on Friday, after receiving government approvals for its gaming license earlier this month.

ElsewhereSunday, Apr 23, 2017

The betting industry’s leading suppliers will be debating the key issues affecting the value chain across the sector at next month’s Betting on Football conference at Stamford Bridge.

ElsewhereThursday, Apr 20, 2017

Betting on Football 2017 (3-5 May) will deliver a comprehensive update on trading and operating within the fast-moving sports betting industry.

ElsewhereWednesday, Apr 19, 2017

Betsoft Gaming has announced they will be entering into a partnership with Bitcoin specialist Rollthebit.