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Mohegan Mohegan Gaming & Entertainment experienced an 11.5% decline in net revenue during the quarter that ended March 31, while Mohegan Sun’s year-over-year net revenue for the same period was up 3.7%, the company reported Thursday.
MGE, the Mohegan Tribe’s global gaming enterprise, posted net revenue of $278.6 million in the quarter, down from $314.7 million in the same three months the previous year, during which the coronavirus pandemic struck. Compared to the same quarter in pre-pandemic 2019, the latest quarterly figure was down 9.4%.
Mohegan Sun in Uncasville, MGE’s flagship casino, had net revenue of $189 million in the quarter, up from $182.3 million a year ago and down 20.7% compared to the same quarter in 2019.
East Coast Gaming Destinations Staging a Meetings Comeback
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Published May 06. 2021 3:55PM | Updated May 06. 2021 5:01PM Get the weekly rundown Email Submit
Mashantucket Foxwoods Resort Casino announced Thursday it will begin “carefully” lifting most of its COVID-19 protocols while continuing to require that employees and patrons wear masks.
All of the casino’s slot machines will be turned on and ready for play, and capacity restrictions will gradually be lifted for table games, restaurants, theaters, events and retail shops. Regular deep cleaning of high-touch areas and social distancing in some situations will continue.
Gov. Ned Lamont has announced that the state’s remaining COVID-19 restrictions will be lifted May 19.
“The strategic rollback plan for our COVID-19 measures is highly calculated and thoughtfully timed to ensure we do this right and keep our resort safe,” Jason Guyot, Foxwoods’ president and chief executive officer, said in a statement. “With the exception of face masks
A Connecticut Supreme Court decision could enable the town of Ledyard to recover the millions of dollars in attorney’s fees it incurred while waging a years-long legal battle to collect personal property taxes on slot machines the Mashantucket Pequot Tribe leased for Foxwoods Resort Casino.
Officially released Wednesday, the unanimous decision reverses a state Appellate Court decision that had reversed an earlier Superior Court decision. Filed in 2008, the case stemmed from Ledyard’s claim that WMS Gaming Inc., a Chicago-based company, owed $18,251 in unpaid taxes on slot machines the company owned.
In 2006, the Mashantucket Pequots, who claimed the town had no authority to tax slot machines the tribe leased from another company and operated on sovereign land, filed a federal suit against the town. The tribe filed a second federal suit after the town sued WMS Gaming in state court.
A Connecticut Supreme Court decision could enable the town of Ledyard to recover the millions of dollars in attorney’s fees it incurred while waging a years-long legal battle to collect personal property taxes on slot machines the Mashantucket Pequot Tribe leased for Foxwoods Resort Casino.
Officially released Wednesday, the unanimous decision reverses a state Appellate Court decision that had reversed an earlier Superior Court decision. Filed in 2008, the case stemmed from Ledyard’s claim that WMS Gaming Inc., a Chicago-based company, owed $18,251 in unpaid taxes on slot machines the company owned.
In 2006, the Mashantucket Pequots, who claimed the town had no authority to tax slot machines the tribe leased from another company and operated on sovereign land, filed a federal suit against the town. The tribe filed a second federal suit after the town sued WMS Gaming in state court.
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