Mohegans’ pioneering approach leads down international path

December 3, 2019

Mohegans’ pioneering approach leads down international path

A rendering of Mohegan Gaming & Entertainment’s proposed Inspire Athens integrated resort, part of the redevelopment of the former Hellinikon airport in Athens, the capital of Greece. (Courtesy of Mohegan Sun)

A rendering of Mohegan Gaming & Entertainment’s proposed Inspire Athens integrated resort, part of the redevelopment of the former Hellinikon airport in Athens, the capital of Greece. (Courtesy of Mohegan Sun) A rendering of Mohegan Gaming & Entertainment’s Inspire project in Incheon, South Korea, the first phase of which is under construction and scheduled to open in early 2022. (Courtesy of Mohegan Sun) Mohegan — Over the past quarter-century, the Mohegan Tribe has developed a penchant for breaking new ground.

In 1994, two years before Mohegan Sun opened, it became the first U.S. tribe to pursue Wall Street financing for a casino project. In the decade that followed, it became the first tribe to own a professional sports franchise and, in an agreement with a tribe in the Pacific Northwest, the first to sign a deal to manage another tribe’s casino. In 2006, it became the first tribe to own and operate a commercial casino — Mohegan Sun Pocono in Wilkes-Barre, Pa. — and, in 2012, the first to manage a commercial casino — Resorts Casino Hotel in Atlantic City.

And then Mohegan Gaming & Entertainment, the tribe’s gaming company, turned its attention to international opportunities.

In 2016, it won a license to develop an integrated resort in Incheon, South Korea, an ambitious, $5 billion project whose first phase, carrying a $1.6 billion price tag, has been under construction since May and is now scheduled for an early 2022 opening. By the time the $1.2 billion second phase is underway, MGE also […]

Click here to view original article at www.theday.com

Owen Herne
Attorney, Herne Law, PLLC

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Robert Doe
December 12, 2015
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Robert Doe
December 12, 2015
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Robert Doe
December 12, 2015
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Robert Doe
December 12, 2015
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