Mohegan CEO: New York City Casino License is Key Priority for Tribal Gaming Giant

Mohegan CEO: New York City Casino License is Key Priority for Tribal Gaming Giant

By Michael Davidson

November 21, 2024 at 01:51 PM

Mohegan, the Connecticut Tribe-owned gaming company, is undergoing its most significant operational transformation while expanding its global presence. The company recently ended management contracts in Atlantic City, Las Vegas, and Washington to focus on larger endeavors.

Bald businessman wearing glasses

Bald businessman wearing glasses

In March, Mohegan launched Inspire, a $1.6 billion integrated resort near Seoul, South Korea. The facility features 1,275 rooms, a 15,000-seat arena, an indoor water park, and a casino with 150 table games and 373 slot machines.

Currently, Mohegan is pursuing one of three New York casino licenses with its Freedom Plaza project. The proposed Manhattan development, partnered with Soloviev Group, includes:

  • 280,000 square foot casino
  • 1,251 hotel rooms
  • 56,000 square feet of conference space
  • 30 restaurants and bars
  • 1,325 residential apartments (500+ affordable units)
  • 4.8 acres of public green space

CEO Ray Pineault emphasizes that winning a New York license is a "major priority" for the company's market expansion strategy. The project distinguishes itself through its commitment to affordable housing and community development.

Mohegan faces strong competition from established operators like MGM Resorts, Las Vegas Sands, Caesars Entertainment, and Wynn Resorts. The New York Gaming Facility Location Board will announce its decision by December 1, 2025.

The company's success is attributed to its Spirit of Aquai philosophy, focusing on respect, cooperation, and relationship-building. This approach has earned Mohegan recognition on Newsweek's "Most Loved Workplaces" list for 2024.

Related Articles

Previous Articles