Mohegan's moves forward with new construction project
Mohegan Tribal Gaming Authority Announces Closing Of Financing For Construction Of Exposition And Convention Center
The Mohegan Tribal Gaming Authority, or the Authority, the owner of Mohegan Sun in Uncasville, Connecticut, and Mohegan Sun Pocono in Wilkes-Barre, Pennsylvania, recently announced that it has closed on its financing for the construction of its planned $80 million, 240,000-square-foot exposition and convention center. The exposition and convention center will be located adjacent to and fully integrated into the Authority's flagship property in Connecticut, Mohegan Sun, and is expected to open in the summer of 2018.
"With this financing in place, we are excited to proceed with the construction phase of the project and look forward to its planned opening next summer," said Mario C. Kontomerkos, chief financial officer of the Authority. "Mohegan Sun currently turns away tens of thousands of meeting room requests every year. This new amenity will provide us with much needed exposition and meeting space to capture these requests and will continue to solidify Mohegan Sun as the Northeast's preeminent gaming and non-gaming destination."