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Mohegan Sun Sees Profit Decline But Doesn't Feel "The Pinch"

WAMC Northeast Public Radio | By Patrick Garrett
Published April 7, 2014 at 8:48 AM EDT

A gambling slump is eating into the profits of Mohegan Sun, but the 2,000 tribal members who draw benefits from the massive casino aren't feeling the pinch.

Under a strategy that began before the downturn hit Connecticut's Mohegan Sun, the tribe's gambling company is running casinos in Pennsylvania and Atlantic City and pursuing more projects in states including Washington, New York and Massachusetts.

The CEO of the Mohegan Tribal Gaming Authority says the goal is to protect the educational and health benefits for the tribe.

The Mohegans are among a small number of American Indian tribes to put their expertise to work at commercial casinos outside their reservations. For tribes that can pull it off, it's a way to diversify and protect against losses.

Copyright 2014 The Associated Press. All Rights Reserved.

Copyright 2014 WAMC Northeast Public Radio
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Patrick Garrett
Patrick Garrett graduated with a dual degree from the State University of New York, College at Oneonta in 2013 with a Bachelor of Science in Mass Communications, Concentration in Production and a Bachelor of Arts in Music Industry. A former newsroom intern who joined the WAMC staff in 2014, he worked at Saratoga Performing Arts Center, where he sold tickets. He is an Eagle Scout from Saratoga Springs and writes and plays music in his free time.
See stories by Patrick Garrett

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