Home > Indian Gaming

Mohegan Tribe to issue $123M in bonds for new hotel at casino


Filed Under: Connecticut | Openings and Closings
More on: connecticut, hotels, mashantucket, massachusetts, mohegan, rhode island
   

The Mohegan Sun Casino, owned by the Mohegan Tribe of Connecticut. Photo from Facebook

The Mohegan Tribe of Connecticut will issue $123 million in bonds to build a new casino hotel.

The tribe will build a standalone hotel at the Mohegan Sun. The current facility is often booked to capacity, officials have said.

The development comes amid an expansion of gaming in New England. Massachusetts has authorized two commercial casinos and the Mashpee Wampanoag Tribe is awaiting federal approval for its First Light Resort and Casino.

In the event the Mashpee plan doesn't come to fruition, the state has solicited bids for a third commercial facility. The Mashantucket Pequot Tribal Nation, which operates the Foxwoods Resort Casino on its reservation, is reportedly interested in joining one of the groups vying for the license.

Over in neighboring Rhode Island, a non-Indian facility wants to add poker games in order to counter the competition from Massachusetts. And back in Connecticut, non-Indian off-track betting facilities are lobbying for slot machines.

Get the Story:
Mohegans to bond $123M to build CT hotel (The Hartford Business Journal 2/5)
Mohegans issuing bonds to finance casino hotel project (The New London Day 2/6)
Views hot, cold on slots expansion (The Journal Inquirer 2/6)
Former House speaker wants more slot machines in state (The Connecticut Post 2/6)
Advocates asking for slot machines at state's OTB facilities (The New London Day 2/6)
Developer: Foxwoods Interested In New Bedford Casino (AP 2/5)
Poker may be coming to Twin River Casino (WPRI 2/5)

Related Stories:
Mashpee Wampanoag Tribe still waiting for BIA answer on casino (2/2)
Mohegan Tribe reports increase in revenue at gaming enterprise (01/29)
Connecticut tribes finally see increase in slot machine wagering (1/16)

Join the Conversation

Stay Connected

On Facebook

On Twitter

On Google+

On SoundCloud

Archive

2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004

Advertisement

Home | Arts & Entertainment | Business | Canada | Cobell Lawsuit | Education | Environment | Federal Recognition | Federal Register | Forum | Health | Humor | Indian Gaming | Indian Trust | Jack Abramoff Scandal | Jobs & Notices | Law | National | News | Opinion | Politics | Sports | Technology | World

Indianz.Com Terms of Service | Indianz.Com Privacy Policy
About Indianz.Com | Advertise on Indianz.Com

Indianz.Com is a product of Noble Savage Media, LLC and Ho-Chunk, Inc.