MGE won a bidding war against the Seminole tribe\u2019s Hard Rock International by default. Hard Rock was excluded from the process on a technicality after documents submitted failed to meet the financing criteria.<\/p>\n
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Last month, Greece\u2019s highest court, the Council of State, rejected Hard Rock\u2019s challenge of the decision, paving the way for MGE to negotiate the terms of the 30-year casino license. \u00a0<\/strong><\/p>\n<\/div>\nMGE\u2019s offer of \u20ac150 million this week is five times the minimum \u20ac30 million ($35 million USD), which will put it in an advantageous position for negotiation from the get-go.<\/p>\n
MGE and its local construction partner have said they are ready to break ground on the project as soon as they get the green light.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Nevada Gaming Control Board (NGCB) unanimously recommended licensing approval for Mohegan Gaming and Entertainment (MGE), along with a dozen of its executives and tribal officers, in a two-hour hearing on Wednesday. Should the gaming commission (NGC) ratify the board\u2019s decision as expected in two weeks\u2019 time, MGE will become the first tribal gaming outfit […]<\/p>\n","protected":false},"author":36,"featured_media":151596,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18456],"tags":[],"acf":[],"yoast_head":"\n
Mohegan Gaming Nevada License Approved by Regulators<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n