The Mohegan Tribe of Connecticut has spent $100 million on its commercial casino bid in New York, an executive said.
The tribe presented its $550 million casino at the former Concord
Resort Hotel to the New
York State Gaming Commission on Tuesday.
The proposal is one of nine in the Catskills, a region about 90 minutes north of New York City.
But Mitchell Etess, the chief executive of the Mohegan Tribal Gaming Authority, said the tribe doesn't want the license if a casino opens closer to the city.
"We do not believe that if you put a casino in Orange County that a casino in Sullivan County would be sustainable," he told the panel, The Wall Street Journal reported.
Tribal officials were also in Massachusetts on Tuesday to promote the $1 billion Mohegan Sun
Massachusetts near Boston.
The tribe is competing against Wynn Resorts, a company owned by billionaire Steve Wynn, for a license in the eastern part of the state.
The Massachusetts Gaming
Commission has been ranking both projects on various factors but no clear favorite appears to have emerged. A final decision on the license won't be made until sometime this fall.
Get the Story:
Mohegan Sun CEO: Orange County licensing would kill Catskills projects
(The Albany Times-Union 9/9)
Jackpot casino offer to state
(The Albany Times-Union 9/10)
Rival Casino Operators Make Pitches to State Board
(The Wall Street Journal 9/10)
Casino at Concord will revitalize Sullivan County, developers tell siting commission
(The Middletown Times Herald-Record 9/10)
Mohegans say they can bring back the Catskills
(The New London Day 9/10)
Gambling Regulators In N.Y., Mass., Review Mohegan Plans On Same Day
(The Hartford Courant 9/10)
Panel has Wynn ahead of Mohegan Sun on finances
(The Boston Globe 9/10)
Related Stories:
Mohegan Tribe pitches commercial casinos
in neighboring states (9/8)