New Mohegan Sun campaign seeks to convey 'feel' of the casino

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The Day

Foxwoods posts healthy increase in December slots revenue

Foxwoods Resort Casino's slot-machine revenue in December was up 9% over the same month the previous year, a performance its top executive attributed to recent upgrades of the property and aggressive marketing. The Mashantucket Pequot-owned casino "won," or kept, $32.6 million after paying out prizes. Jason Guyot, Foxwoods' president and chief…

Finance ・ 18 January 2024

US Bets

Longtime Casinos Find Less Is More With Slot Machine Counts

Mohegan Pennsylvania, the first of the Keystone State's 17 casinos, has a request pending with the Pennsylvania Gaming Control Board: Please let us reduce our number of slot machines. In a submission filed in May and likely to be approved in coming months, the mid-sized casino near Wilkes-Barre states that shedding 120 machines to a count of 1550…

Finance ・ 31 August 2023

The Day

Casinos’ slots revenue holding (almost) steady since advent of online gaming

With Connecticut's introduction of online gaming approaching the two-year mark, industry analysts are considering the new form of gambling's effect on traffic at Foxwoods Resort Casino and Mohegan Sun. Are gamblers hunkering down at home or elsewhere, content to wager on their computers and hand-held devices? Or, as gaming-expansion proponents…

Industry ・ 07 August 2023

Tioga Publishing

Pennsylvania casinos spend $250 million on renovations, expansions

Finance ・ 16 January 2023

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iGaming Brazil

Mohegan generates $413 million in revenue in Q4 2022

Adjusted EBITDA for the fourth quarter reached $99.8 million, meaning its total adjusted EBITDA for 2022 reached $403.9 million, the highest in its 26-year history, according to the company. Mohegan CEO Raymond Pineault commented, "Our fiscal 2022 adjusted EBITDA of $403.9 million was the highest in our 26-year history." "The first full fiscal year…

Finance ・ 09 January 2023

The Day

Casinos weather dip in October slots revenue

Balmy weather could have had something to do with a year-over-year decline in southeastern Connecticut casinos' slots revenue last month, Mohegan Sun's top executive said Wednesday. Mohegan Sun reported it "won," or kept, $41.3 million in slots revenue in October, down 6.8% over the $44.3 million it kept the same month the previous year. Foxwoods…

Finance ・ 17 November 2022

Street Insider

Mohegan Sun Voted #1 "Best Casino Hotel" For Fifth Consecutive Year by USA TODAY's 10Best.com Readers' Choice Awards

Mohegan Sun also Finishes in the Top 5 for "Best Casino outside of Las Vegas" and "Best Player's Club" UNCASVILLE, Conn., Sept. 9, 2022 /PRNewswire/ -- Mohegan Sun has once again finished #1 in the "Best Casino Hotel" category as part of USA TODAY's 10Best Readers' Choice Awards. This is the fifth year in a row that Mohegan Sun has won this award.…

Travel ・ 18 September 2022

Hartford Business

Online casino gaming, sports wagering provide major boost to Mohegan’s 3Q profits

The Mohegan Tribal Gaming Authority announced that it had net revenue of $417 million during the third quarter, a 27% increase from the previous year, due largely to the addition of Mohegan Digital. During the same period, Mohegan's profits more than doubled to $59.3 million, a 134% increase from 2021, according to the casino operator's quarterly…

Sports ・ 11 August 2022

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The Day

Mohegans announce support for Yale plan to combat problem gambling

Mohegan - Mohegan Sun's tribal owners announced Tuesday that over the next five years they will invest $2 million in the Yale School of Medicine's ongoing development of an app-based program aimed at treating problem gambling through a process known as cognitive behavioral therapy. The announcement came at a news media event at the Mohegan…

Gambling Addiction ・ 25 May 2022

Yogonet

Mohegan Sun Las Vegas and MGE Digital boost 28% growth for the parent company's revenues

Mohegan Gaming & Entertainment (MGE), on Thursday posted overall net revenues of $358.5 million in its second fiscal quarter ended March 31, a year-over-year increase of 28.7% , and adjusted EBITDA of $86.7 million, an increase of 7.4%. These improvements were due to "strong performance" at the company's owned properties and the addition of Mohegan…

Finance ・ 13 May 2022

Yogonet

Connecticut casinos report slight slots revenue growth in March amid renovations at both venues

Connecticut's Mohegan Sun and Foxwoods Resorts Casino reported their numbers for March 2022, resulting in a modest increase year-over-year in slot-machine revenue. Mohegan Sun reported it kept $44.7 million in slots revenue, a 2.8% increase over the $43.4 million it kept the same month the previous year. Foxwoods kept $30.4 million last month, a…

Finance ・ 20 April 2022

The Day

Mohegan Sun investing $15 million in new lounge, other improvements

Mohegan - Mohegan Sun is betting on its high-end clientele. The casino has announced it plans to invest $15 million in a new VIP lounge and other amenities, including upgrades of its two most luxurious hotel suites and improvements to Mohegan Sun Golf Club in Baltic. "Our premium customers have always been an important part of our business," Jeff…

Covid ・ 19 April 2022

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The Day

For casinos, more competition from New York may be in the cards

While that prospect still might seem far-fetched, the likelihood that New York state will license two full-scale casinos near the Connecticut border by the end of the year is very real. Foxwoods Resort Casino and Mohegan Sun have been expecting it. Ever since Empire City Casino and Resorts World New York City opened at Yonkers Raceway and Aqueduct,…

Covid ・ 26 March 2022

The Berkshire Eagle

Gaming Commission weighs regulating intensity, frequency of casino ads

Before the state's first resort casino even opened its doors, there was a "significant increase" in the number of people with gambling problems who relapsed in Massachusetts, and the Gaming Commission highlighted that situation Monday, as it began to consider updates to its rules around gambling and betting advertising. Until MGM Springfield opened…

Gaming Authorities ・ 20 March 2022

WBUR

Massachusetts Gaming Commission examines casino advertising practices

Before the state's first resort casino even opened its doors, there was a "significant increase" in the number of people with gambling problems who relapsed in Massachusetts and the Gaming Commission highlighted that situation Monday as it began to consider updates to its rules around gambling and betting advertising. Until MGM Springfield opened…

Gaming Authorities ・ 16 March 2022

Yogonet

October brings a rise in revenues for Connecticut's Mohegan Sun and Foxwoods casinos

The return to normal in the southeastern Connecticut casino business and the new sports betting market have made an impact in the area's casinos. For October 2021, Mohegan Sun reported a rise in slot-machine revenue of up to 23.6% in a year-over-year comparison, keeping $44.3 million. For Foxwoods Resort Casino, slot-machine revenue was up 21.5%,…

Finance ・ 04 January 2022

Yogonet

Mohegan Sun and Foxwoods' slot revenue continues upward trend in November

Connecticut reported Thursday its November slot revenue and state contributions, showing that Mohegan Sun kept $40.7 million in slot-machine revenue and Foxwoods Resort Casino saw $28.2 million. It was the first entire month with full sports betting and iGaming operations for both tribal casinos. The year-over-year comparison leaves Mohegan Sun…

Finance ・ 17 December 2021

The Day

Casinos report November slots revenue, state contributions

Mohegan Sun kept $40.7 million in slot-machine revenue last month, while Foxwoods Resort Casino kept $28.2 million. For both casinos, the November "wins" were well up over the same month a year ago, when Mohegan Sun kept $28.5 million and Foxwoods kept $21.8 million. Mohegan Sun was up 42.9% while Foxwoods was up 29.3%. In November 2020, COVID-19…

Finance ・ 16 December 2021

Norwich Bulletin

Mohegan Sun's future is expanding and diversifying from gambling

UNCASVILLE - As his casino's 25th anniversary approached, Mohegan Sun President and CEO Jeff Hamilton said he's looking to the future. "It's very different from a facilities standpoint 25 years ago, and I expect it in the next 25 years to be very different from today," Hamilton said. Those next 25 years are expected to include expansion of the…

Travel ・ 07 October 2021

Online Poker Report

Gen Z Represents Uncharted Territory For Online Gambling Operators

The online gambling industry is facing an impending generational issue when it comes to marketing. Gen Z is a different audience than Gen X, yet iGaming operators often take their lead from retail casino marketing, which is still mostly geared towards the latter. Younger players' emotional triggers are different. Their game play is more…

Industry ・ 30 August 2021

Casino Review

US casinos emerge from the pandemic

While casinos in Canada are only now beginning to re-open after a sixteen month hiatus, casinos in the United States have continued to operate through most of the pandemic, albeit with a host of restrictions. With nearly 60 percent of the US population now having received at least one vaccination dose and 50 percent fully vaccinated, casino…

Covid ・ 24 August 2021

The Day

Casinos' slot revenues were down year-over-year in June

Casino slot-machine revenues were down significantly last month compared to the previous June, evidence that Mohegan Sun and Foxwoods Resorts Casino benefited from reopening ahead of their competition during the COVID-19 pandemic. While Foxwoods Resort Casino and Mohegan Sun opened June 1, 2020, after being closed for 11 weeks, other Northeast…

Finance ・ 15 July 2021

Florida News Times

Mohegan Sun to jump-start online gaming in CT

With results flat from its foray into interactive gaming in Pennsylvania amid intense competition there, Mohegan Gaming & Entertainment is rebooting its efforts with a new Mohegan Digital division to create gambling apps and websites starting on its home turf of Connecticut. The announcement comes weeks after Connecticut approved interactive…

Industry ・ 02 July 2021

Gambling Insider

Survey: COVID-19 concerns to keep 1 in 4 casino-goers away in 2021

According to research from Omnico Group, 77% of players are reluctant to visit casinos even if they reopen in 2021. Due to the threat of coronavirus spreading during the COVID-19 pandemic, one in four said they would not visit at all in 2021. A sample size of over 4000 UK and US consumers was contacted, although it must be noted this only included…

Covid ・ 04 February 2021

The Day

Casinos' slots revenues were down in September

Slot-machine revenues were down at the casinos' last month, with Mohegan Sun's slots "win" falling by nearly 10% and Foxwoods Resort Casino's tumbling by more than 20%. Mohegan Sun reported Thursday that it kept $40.3 million after paying out prizes, a 9.7% decline from the $44.6 million it kept the previous September. Foxwoods kept $27.6 million…

Finance ・ 07 May 2021