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: