Corporate Development

Mohegan, a pioneer in gaming and entertainment, has achieved several historic milestones. They opened the first gaming casino in Pennsylvania, were the first Native American tribe to own a casino in Atlantic City, and the first to take ownership of a commercial property in the United States. Mohegan was also the first tribal casino operator to enter the Las Vegas market. In Canada, the Fallsview Casino Resort is recognized as the largest and most sophisticated gaming destination.

Mohegan’s experience and expertise span every stage of development, from resort inception (market selection, government relations, master planning, and construction) to implementation (managing operations of casinos, hotels, arenas, dining, and shopping experiences) and evolution (expansion projects and brand repositioning).

• One of the most prolific developers in the gaming industry
• Extensive domestic and international integrated resort development and management experience
• True collaborators on every level:
  • Tribal and commercial owners / partners
  • Governments
• Flexible commercial structures:
  • Consulting / Management / Development

One of the largest & most successful integrated resorts in The Western Hemisphere

• Since opening in 1996, Mohegan Sun has been a dominant market leader in the most densely populated region in the U.S. and, despite significant new competition in the Northeast region, has maintaned its leadership position
• Situated in a rural location 120 miles from New York City and 100 miles from Boston, Mohegan Sun draws a significant amount of visitors annually by offering an unparalleled integrated resort casino experience through its expansive luxury hotels and amenities, celebrity chef restaurants, live concerts from today’s top headliners and MICE facilities
• Concieved from a green-field, Mohegan master planned and developed this 5.5 million square-foot property to effectively compete for the long term
• Mohegan Sun continues to stay relevant by regularly adding new and exciting concepts, brands, and experiences to the property such as Tao Asian Bistro & Lounge and recently the first Tesla showroom in Connecticut

One of the most successful regional resort casino destinations in the Pacific Northwest of the U.S.

• Mohegan began its partnership with the Cowlitz Tribe in 2004 and worked relentlessly with them for a decade providing financial and political support to achieve their goal of self-sufficiency
• Through a federally mandated maximum 7-year management and development agreement, Mohegan was responsible for all activities related to market feasibility, programming, master planning, budgeting, cost estimating, design/development, entitlements/permitting, full project management oversight of construction, FF&E/OS&E, sourcing F&B and retail partners and negotiating third-party leases/franchises, all pre-opening activities, opening and ongoing operations
• Mohegan collaborated closely with the tribe to understand the market and optimally program the property
• Beginning with the successful opening of the casino, Mohegan has overseen a total of six development expansions
• As a result, ilani has become a leader in the Pacific Northwest with a market that draws heavily from Portland, Oregon region
• July 2024 marked the conclusion of Mohegan’s 7-year management term

First casino in Pennsylvania, a leading regional destination

• The first gaming facility to open in Pennsylvania when gaming was approved in 2006 for slots and 2012 for tables demonstrates the speed to market Mohegan prides itself on
• Mohegan has overseen four total phases of expansion, including a successful 238-room hotel sized appropriately for the market in 2013
• Mohegan Digital recently launched its online gaming platform in Pennsylvania
• Mohegan continues to operate efficiently in this highly regulated state with one of the highest gaming tax burdens in the U.S. with heavy competition

Oceanfront in iconic Atlantic City, New Jersey

• In 2012, after many years of operating losses, the property’s owner partnered with Mohegan to manage a turnaround of Atlantic City’s oldest resort casino
• After having managed for only 12 months, Mohegan generated positive EBITDA, followed by three straight years of over 100% EBITDA growth to stabilize the property in an overall declining market
• Mohegan oversaw operations during this time and revitalized the property with numerous upgrades, including partnerships with Margaritaville and Draft Kings

Elegant gaming and excitement in the heart of Niagara Canada

• In 2018, Mohegan won a long-term casino concession through competitive bid issued to assume operations of the iconic luxury Fallsview Casino Resort and the Casino Niagara properties in Niagara Falls
• Marking Mohegan’s first expansion into an international jurisdiction, Mohegan’s team closely collaborated with the Ontario government to transition the assets and operations, including ensuring all regulatory and compliance standards were met
• Mohegan’s team worked quickly to implement its proven systems and processes, including Momentum rewards, thereby creating operational efficiencies and economies of scale
• Mohegan’s business plan also identified oppotunities to improve the property’s F&B program by bringing in new-to-market concepts, modernizing and upgraded both properties’ gaming floors, adding a sportsbook, and working with the government to develop a new state-of-the-art, CAD 130 million, 5,000-seat theater
• Mohegan digital expanded operations to Ontario and launched its innovative onlne gaming platform, PlayFallsview, in 2022

First tribal owned casino in the Las Vegas market

• In 2021, Mohegan became the first tribal entity to be granted a gaming license for a Las Vegas resort
• Mohegan oversaw a full remodel of the former Hard Rock Casino, including layout with all new gaming equipment
• Upon assuming operations, Mohegan was successful in assimilating and revitalizing the existing database for the benefit of its enterprise

Transforming Paragon Casino: A success story of tribal partnership, regulatory compliance, and innovation

• Mohegan served as interim consultant from 2016 to 2018 and as an approved NIGC-manager from 2018 to 2021, assisting the Tunica-Biloxi Tribe of Louisiana in managing operations of their Paragon Casino Resort
• Paragon struggled with declining revenue due to increased competition and high debt, which limited the Tunica-Biloxi Tribe’s ability to reinvest
• Mohegan provided tribal support, interfacing with creditors and assisting with governance issues, while conducting an operational review and property assessment
• Mohegan implemented a strategic transformation plan, including a phased renovation of the gaming floor, restaurants, and hotel rooms, while ensuring continued operations during upgrades
• Mohegan also oversaw the addition of a state-of-the-art, 8,000 square-foot sportsbook in partnership with Betfred, making Paragon the first property in Louisiana to offer such an amenity
• Mohegan successfully guided Paragon through the pandemic in 2020, leading to improved financial results