Mohegan Tribe completes purchase of racetrack

Wednesday, January 26, 2005  

The Mohegan Tribe of Connecticut completed the purchase of an out-of-state racetrack as part of an endeavor to diversify its holdings.

The tribe's gaming authority bought the 400-acre Pocono Downs in Wilkes-Barre, Pennsylvania. The tribe will now seek a state license to operate up to 3,000 slot machines at the track.

The tribe runs a successful casino in southeastern Connecticut. The tribe has branched out to Arizona and Washington, where it is financing gaming deals for other tribes.

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Connecticut tribe buys Pa. harness racing track (AP 1/25)