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Send U.S. casino group Mohegan Gaming and Entertainment expects that a luxury casino resort on the site of the former Athens airport will be ready by 2026, a top company executive said on Friday, giving a timeframe for the first time on development plans. The consortium of Mohegan and Greek construction group GEK Terna last year won a Greek tender for the construction and 30-year operation of the casino resort on the site of the former Hellenikon airport on the Athens seafront. The next steps in the process include signing the contract and clearing it with Greek auditors and parliament.

A luxury casino resort is expected to be created in Greece, at the spot of a former airport in Athens. Mohegan Gaming and Entertainment is the casino operator behind the project, a company based in the United States. This week, a company executive announced that the casino should be ready by 2026. The announcement is the first time that a time frame has been provided for the project. Moving Forward Mohegan Gaming and Entertainment and its partner construction group GEK Terna will be working together to see the casino come to fruition. The next step in the project is to sign a contract and cle...

Email* Submit 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 S...

Tribal casinos have sprouted up all over North America, but only one tribe has broken into the Las Vegas market.  Last month, Mohegan Gaming and Entertainment -- the business operation of the Mohegan Indian Tribe -- began operating its first local casino.  The Mohegan Sun Casino takes up almost all of the casino floor inside the new Virgin Hotels Las Vegas, which is the former Hard Rock Hotel.  Ray Pineault is the interim CEO and acting COO for Mohegan Gaming and Entertainment and has worked for the Mohegan Tribe for nearly 20 years.  “I think this tribe has always been at the forefront...

Published April 12. 2021 5:49PM  By When the Foxwoods Resort Casino opened in 1992, followed a few years later by the Mohegan Sun, the leaders of the federally recognized Mashantucket Pequot and Mohegan tribes realized that they did not have the skills and experience within their ranks to get these casinos on their feet. Both turned to those with gaming backgrounds. Funded by Chinese Malaysian investors, Foxwoods was led in its early years by G. Michael “Mickey” Brown. Sol Kerzner, a South African responsible for development of large resorts across the world, headed up the Trading ...