Mohegan Gaming Names Ray Pineault to Lead Company Through Major Expansion

Mohegan Gaming & Entertainment (MGE) will live headed by Ray Pineault, as the tribal gambling casino firm embarks on its most composite expanding upon in its history. MGE was founded inward 1995.

The gaming and hospitality building block of the Mohegan Tribe of Connecticut, Pineault replaces Mario Kontomerkos, who suddenly resigned as chairwoman and CEO inwards March.

Pineault has been with MGE for the past II decades. He’s served inward a variety of capacities, including president and superior general manager of MGE’s flagship property, Mohegan Sun Casino & Resort in Connecticut. Most recently, he served as chief operating officer of MGE.

“I get dedicated my vocation to ensuring the success of Mohegan Gaming & Entertainment,” Pineault said. “I am thankful to the Mohegan Tribe for this opportunity, and will do work tirelessly to maintain our values and traditions, both here inwards the United States and in the communities around the man inward which we operate.”

Critical Period

There’s perhaps been to a greater extent no more of import clip for the Mohegan Tribe than today.

The days of the Native American radical having a big regional monopoly inwards the NE — other than the neighboring Mashantucket Pequot Tribe and its Foxwoods Resort Casino — are long gone. Connecticut’s trinity bordering states — Rhode Island to the east, Massachusetts to the north, and New York to the west — for each one feature commercial casinos now.

MGE has since expanded its gaming portfolio, the accompany owning Mohegan Sun inwards the Pennsylvania Poconos and manipulation gaming operations at Resorts Atlantic Ocean City, Fallsview Casino Resort, Casino Niagara on the Canadian River face of Niagara Falls, and Virgin Hotels Las Vegas.

Mohegan to boot conducts gambling casino trading operations at the iLani Casino Resort inward President Washington and Paragon Casino Resort in Louisiana on behalf of other federally recognised tribes.

But Mohegan Gaming is currently moving forrad with its largest investment endeavors ever.

The solid is outlay more than $1 1000000000 in Athens to establish an integrated cassino resort hotel on the grounds of the former Hellinikon International Airport. MGE is to boot constructing a multibillion-dollar casino resort hotel developing inward South Korean Peninsula at the Incheon International Airport.

Finally, MGE is also mulling a tender for ane of Japan’s trine forthcoming structured holiday resort licenses. The society is to the highest degree interested inwards Nagasaki.

Connecticut Expansion

Pineault’s appointment comes as Mohegan’s namesake belongings inwards its home say is also band to undergo expansion.

This week, the Connecticut River General Assembly signed legislating to expand Mohegan Sun and Foxwoods’ gaming privileges to include sports betting, both in the flesh(p) and online, and net casinos. Connecticut. Gov. Ned Lamont (D) says he will before long signalize the amount and amend the tribes’ Class III gaming compacts.

Once that’s completed, the US Interior Department will feature the net say inwards determining if the unexampled forms of gaming are full authorized.

The iGaming and sports betting options are expected to dedicate the 2 casinos an upper mitt on their competitors in Massachusetts, which currently are non effectual where MGM Springfield and Encore Bean Town Harbor operate.