Mohegan Announces Update Regarding ilani Management Agreement

Uncasville, Connecticut, April 6, 2023 – Mohegan Tribal Gaming Authority (“MTGA,” “Mohegan,” “we,” “our” or the “Company”) announced that after careful consideration, the Cowlitz Tribal Gaming Authority (“CTGA”) has recommended, and the Cowlitz Tribal Council has approved, a decision to begin the process of transitioning ilani from an enterprise managed by Mohegan to a self-managed enterprise. Mohegan’s management agreement with the CTGA expires in July 2024.

Raymond Pineault, Chief Executive Officer of Mohegan, stated that “We are very proud of the work we accomplished together over many years in partnership with the Cowlitz Tribe. We support the self-determination of any Tribal nation, and while we had hoped to continue our partnership as we thought we had more to offer the Cowlitz people, we are committed to aiding a smooth transition.”

Patty Kinswa-Gaiser, Chairwoman of the Cowlitz Tribe, noted that “The move toward self-management is a natural evolution for the Cowlitz Tribe, and one that many Northwest tribes have followed at this same juncture. While we remain committed to continuing our partnership with Mohegan through other endeavors and opportunities of mutual benefit, it was understood by both Tribes that Cowlitz would eventually pursue a pathway toward self-management of ilani.”

 

About Mohegan
Mohegan is the owner, developer, and manager of premier entertainment resorts in the United States, Canada, and Northern Asia. Mohegan’s U.S. operations include resorts in Connecticut, Washington, Pennsylvania, New Jersey, and Nevada; Canadian operations are based in Niagara Falls, Ontario; and Mohegan Inspire is located in Incheon, South Korea. The brand’s iGaming division, Mohegan Digital, provides cutting-edge online gaming solutions to Mohegan’s loyal fan base and meets the digital needs of customers on a global scale. Mohegan is owner and operator of Connecticut Sun, a professional basketball team in the WNBA. For more information on Mohegan and its properties, please visit www.mohegangaming.com.

 

Contact:
Carol K. Anderson
Chief Financial Officer
Mohegan
(860) 862-8000

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