Sunday, December 5, 2021

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Mohegan Gaming raises $1.55b for Inspire Korea, sees opening in 2023

Mohegan Gaming & Entertainment said it has raised $1.55 billion in financing for its South Korean integrated resort, which it now expects to open in 2023. 

Mohegan Gaming pulls out of Greece to focus on Korea

Mohegan Gaming & Entertainment has pulled out of plans to build an IR in Greece to focus its attention on developing Inspire Korea.

Mohegan Gaming appoints Jody Madigan as chief operating officer

Mohegan Gaming & Entertainment said it appointed Jody Madigan as chief operating officer to oversee the development of strategic business plans.

Mohegan Gaming triples revenues for fiscal 3Q

Mohegan posted a strong third quarter for the fiscal 2021 year ending June 30, with a tripling of net revenues and a swing to profit. 

Mohegan’s partner Oshidori pulls out of Nagasaki IR race

Oshidori International, which has partnered with Mohegan Sun, for an IR license in Nagasaki, has pulled out, citing "unreasonable" demands.

Mohegan Gaming & Entertainment announces Mohegan Digital

Mohegan Gaming & Entertainment (MGE), developer of awe-inspiring integrated entertainment resorts (IER) worldwide, has launched Mohegan Digital.

Mohegan names Pineault president and CEO

Mohegan Gaming & Entertainment has announced the appointment of Ray Pineault as its new president and chief executive officer, effective immediately. 

Mohegan seeing gradual recovery last quarter

U.S. tribal casino operator Mohegan Gaming and Entertainment has seen its U.S.-based properties continue to recover as the rate of vaccinations increases and states continue to ease some COVID-related restrictions.

Mohegan’s Incheon theme park may face long delay/revision

Mohegan Gaming and Entertainment's planned outdoor theme park at its integrated resort in South Korea may face long delays and plans are being revised, local media reports.

Korea a long-term positive for Mohegan, Moody’s says

Mohegan Sun's Inspire Entertainment Resort project in Incheon, South Korea, will be a long-term positive for the group, despite the risks, Moody's Investors Service said in a periodic review of the company's credit rating.