Monday, June 24, 2024

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Mohegan appoints Nelson Parker as new Chief Strategy Officer

Mohegan, the US-based gaming operator, has announced the promotion of Nelson Parker to the position of Chief Strategy Officer.

Mohegan INSPIRE to show positive EBITDA results already in 2024: CBRE

Analysts with CBRE are forecasting that Mohegan's INSPIRE integrated resort could see EBITDA turn positive in 2024, and reach $150 million by 2027.

Mohegan hits historic quarterly $461.73M net revenue high

Mohegan, the US-based operator also behind the Incheon Mohegan INSPIRE integrated resort, has announced its highest quarterly net revenue in its history, hitting $461.73 million, up by 13.8 percent yearly.

Mohegan announces new Interim Chief Operating Officer Joseph J. Hasson

Mohegan Tribal Gaming Authority, known globally for its renowned integrated entertainment resorts, announced today that it has appointed Joseph J. Hasson as interim Chief Operating Officer. 

Mohegan INSPIRE already a “landmark” in South Korea: Executive 

South Korean integrated resort Mohegan INSPIRE is gaining popularity with its non-gaming offerings after debuting in November last year, says an executive.

Mohegan’s INSPIRE to help Korean island become magnet for foreign visitors

Mohegan Inspire Entertainment Resort celebrated its grand opening on Tuesday with the completion of the first phase of a four-stage development project in South Korea.

Mohegan INSPIRE announces March resort opening, month-wide concert series

Mohegan INSPIRE Resort announces its grand opening on March 5th, highlighted by performances throughout the month from the Maroon 5 and K-pop artists.

Mohegan INSPIRE opens foreigner-only casino on February 3rd

Mohegan’s new flagship property in Incheon, South Korea, the INSPIRE Entertainment Resort, will open its foreigner-only casino this Saturday, February 3rd.

Mohegan announces changes to its corporate executive team

Mohegan has announced a series of changes to its corporate executive team, including the appointment of Joffre Wells as VP of Capital Markets. The group has also internally promoted to bolster its international marketing and human resources arms.

Daily Asia Gaming eBrief: Mohegan ends 2023 with almost $400 million in net results

Mohegan ended 2023 with almost $400 million Adjusted EBITDA, the ‘second highest in its 27-year history’ according to Chief Executive Officer, Raymond Pineault. In its earnings call, the gaming group management displayed how optimistic it is that its new Mohegan INSPIRE property in Incheon, South Korea will help drive stronger results and become cash flow positive by the end of 2024.