Moody's Ups Credit Outlook For Mohegan Sun On Improved DebtMoody's Investors Service has raised the credit outlook for the parent company of the Mohegan Sun casino in Connecticut, citing its ability to extend debt repayment until 2019 and putting it in a stronger position to face competition in Massachusetts.
July Betting And Revenue Up At Foxwoods, Down At Mohegan SunFoxwoods Resort Casino has reported gains in betting and revenue, while its Connecticut neighbor, Mohegan Sun, reported a drop in its financial results.
MGM Resorts Files Suit Against Connecticut OfficialsMGM Resorts is suing top Connecticut officials, including Gov. Dannel P. Malloy, claiming the law he signed that could lead to a third tribal casino in the state is unconstitutional because it gives Connecticut's tribes preferential treatment.
Significant Third-Quarter Increase For Mohegan Sun
WNBA All Stars To Shine In Connecticut
Suspect Sought In Casino Garage Stabbing
Moody's Sees Slight Improvement In US Casino FinancesIn May, casino revenue rose in all states except Connecticut and New Jersey.
Malloy To Sign Connecticut Casino Bill Into Law
Casino Bill Passes State House
Letter Assures Lawmakers Casino Bill Won't Impact CompactHARTFORD, Conn. (AP) — Attorney General George Jepsen is reiterating how legislation that could eventually lead to a new casino won't impact Connecticut's existing financial arrangement with the owners of Mohegan Sun and Foxwoods Resort Casinos.
Slots Revenue Up For Mohegan Sun, Down For Foxwoods In AprilWinnings from slot machines were up 6 percent at Mohegan Sun in April but down 2.7 percent at the Foxwoods Resort Casino compared with the same month last year.
Mohegan Official Admits Casinos Competing With Themselves The president of the Mohegan Tribal Gaming Authority says a joint casino venture proposed with rival Foxwoods Resort Casino will likely take business from the two southeast Connecticut casinos, but it's preferable to losing business to Massachusetts.