{"id":311872,"date":"2024-02-24T14:52:26","date_gmt":"2024-02-24T20:52:26","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=311872"},"modified":"2024-02-26T12:03:04","modified_gmt":"2024-02-26T18:03:04","slug":"mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024\/","title":{"rendered":"Mohegan Gaming to End Management of Resorts Casino Atlantic City"},"content":{"rendered":"

Mohegan Gaming & Entertainment, the casino arm of Connecticut\u2019s Mohegan Tribe<\/a>, will end its management agreement at Resorts Casino Hotel in Atlantic City, NJ at the end of this year.<\/p>\n

\"Resorts
Resorts Casino Hotel in Atlantic City. Mohegan Gaming will end its management agreement with the venue at the end of 2024. (Image: Resorts Casino Hotel)<\/figcaption><\/figure>\n

The Tribal gaming giant made the announcement yesterday, marking something of an end of an era that saw the Tribe become the first Native American operator on the Boardwalk when it acquired a 10% in Resorts Casino in 2012. Mohegan will retain that interest after its management accord with the venue expires later this year.<\/p>\n

Mohegan will remain as management partners through the end of December 2024, and is committed to ensuring a smooth transition process to maintain the continuity of the exceptional guest experience for which Resorts Casino Hotel is known,\u201d<\/strong> according to a statement issued by the Tribe.<\/p><\/blockquote>\n

Resorts Casino Hotel — the oldest gaming venue on the Boardwalk \u2013 was acquired by Morris Bailey<\/a> and longtime gaming executive Dennis Gomes in 2010. Following Gomes\u2019 passing in 2012, Bailey brought on Mohegan Gaming & Entertainment to manage the casino.<\/p>\n

Mohegan Didn\u2019t Say Why<\/h2>\n

The Tribe didn\u2019t give a reason as to why it\u2019s leaving Atlantic City, nor did it mention the possibility of eventually returning to the second-largest domestic casino market behind Las Vegas.<\/p>\n

\u201cWe entered into a management agreement with Mohegan at a time when Resorts faced many operational, economic, and market challenges,\u201d said Resorts Casino owner Morris Bailey in the statement. \u201cMohegan brought stability and direction to Resorts by helping to assemble a stellar management team which will remain in place. We are happy that, with Mohegan\u2019s help, Resorts has reached a point where it is able to operate independently.\u201d<\/p>\n

\n

It\u2019s possible that Mohegan is looking to focus on its newly launched<\/a> Inspire Entertainment Resort at Incheon International Airport in South Korea. It may also seek to improve casino operations at the Virgin Las Vegas.<\/p>\n<\/div>\n

The operator\u2019s other North American venues include its flagship casino hotel in Uncasville, Connecticut, Mohegan Pennsylvania, Ilani in Ridgefield, Washington,\u00a0 and two properties in Niagara Falls, Ontario.<\/strong><\/p>\n

Potential Replacements for Mohegan at Resorts Casino<\/h2>\n

Neither Mohegan nor Bailey mentioned possible replacements for the Tribe in terms of managing Resorts Casino. Should Bailey opt to farm out those responsibilities, he\u2019d have an array of commercial and Tribal entities from which to pick.<\/p>\n

Whatever entity comes aboard to run the ship at Resorts Casino will be entering a competitive arena. The Boardwalk is home to nine casino hotels \u2013 a figure some industry observers believe is too high, implying the market is oversaturated.<\/p>\n

Of the top 20 casinos outside of Las Vegas as measured by gross gaming revenue, three are in Atlantic City — MGM Resorts International\u2019s Borgata, Hard Rock Atlantic City, and Ocean Casino Resort.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Mohegan Gaming & Entertainment, the casino arm of Connecticut\u2019s Mohegan Tribe, will end its management agreement at Resorts Casino Hotel in Atlantic City, NJ at the end of this year. The Tribal gaming giant made the announcement yesterday, marking something of an end of an era that saw the Tribe become the first Native American […]<\/p>\n","protected":false},"author":46,"featured_media":85787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81885,33810,86438,18456],"tags":[25,81898,86457,81862],"acf":[],"yoast_head":"\nMohegan Won't Manage Resorts Casino Atlantic City Beyond 2024<\/title>\n<meta name=\"description\" content=\"Mohegan Gaming to End Management of Resorts Casino Atlantic City at Year-End.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mohegan Won't Manage Resorts Casino Atlantic City Beyond 2024\" \/>\n<meta property=\"og:description\" content=\"Mohegan Gaming to End Management of Resorts Casino Atlantic City at Year-End.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-24T20:52:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-26T18:03:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/08\/resorts-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024\/\",\"url\":\"https:\/\/www.casino.org\/news\/mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024\/\",\"name\":\"Mohegan Won't Manage Resorts Casino Atlantic City Beyond 2024\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/08\/resorts-2.jpg\",\"datePublished\":\"2024-02-24T20:52:26+00:00\",\"dateModified\":\"2024-02-26T18:03:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Mohegan Gaming to End Management of Resorts Casino Atlantic City at Year-End.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/mohegan-wont-manage-resorts-casino-atlantic-city-beyond-2024\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/08\/resorts-2.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/08\/resorts-2.jpg\",\"width\":1024,\"height\":768,\"caption\":\"Resorts Casino Hotel in Atlantic City. 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