The Mohegan Tribe of Connecticut is joining the Mashantucket Pequot Tribal
Nation in seeking to restructure debt associated with its gaming enterprise.
The tribe plans to restructure nearly $200 million in debt, The New London Day reported. The move came as the tribe announced a big drop in gaming income -- between 20 percent and 23 percent -- over the last fiscal year.
The Mohegan Tribal Gaming Authority operates Mohegan Sun in Connecticut and Mohegan Sun at Pocono Downs, a commercial casino in Pennsylvania.
Get the Story:
Mohegans review debt situation as profits slide (The New London Day 10/15)
Mohegan Revenue Down
(The Hartford Courant 10/15)
Connecticut
Mohegan Tribe seeks to restructure casino debt
Thursday, October 15, 2009
Stay Connected
Contact Us
indianz@indianz.com202 630 8439 (THEZ)
Search
Top Indian Gaming Stories
Trending in Gaming
1 Catawba Nation continues work on controversial casino in North Carolina
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B
More Stories
• San Manuel Band hosts Sudan benefit at casino• Court debates Eastern Cherokee gaming rights
Indian Gaming Archive