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Mohegan

Mohegan Releases Third Quarter Fiscal 2023 Operating Results

Mohegan Sun

UNCASVILLE, CT – Mohegan Tribal Gaming Authority has released operating results for its third fiscal quarter ended June 30, 2023.

Mohegan Operating Results

“Our consolidated Adjusted EBITDA of $108.7 million was the third highest quarterly total in our 26-year history, while the prior-year comparable quarter was the highest to date,” said Raymond Pineault, Chief Executive Officer of Mohegan. “We continue to see strong results from our digital segment and are focused on growing that line of business.”

“Our Adjusted EBITDA margin of 26.2% was 268 basis points favorable compared with our pre-COVID-19 third quarter of fiscal 2019 and 262 basis points unfavorable compared with the prior-year period,” said Carol Anderson, Chief Financial Officer of Mohegan.

Mohegan Q3 2023 Operating Results

Mohegan Sun

Net revenues decreased $5.8 million compared with the prior-year period primarily due to lower slot and table games volumes. Strong non-gaming growth driven by food, beverage, entertainment, and hotel revenues partially offset the decline in gaming revenues. Adjusted EBITDA of $68.5 million was 9.5% unfavorable compared with the prior-year period. The Adjusted EBITDA margin of 29.7% was 289 basis points favorable compared with the pre-COVID-19 third quarter of fiscal 2019 and 232 basis points unfavorable compared with the prior-year period.

Mohegan Pennsylvania

Net revenues decreased $1.5 million compared with the prior-year period primarily due to lower gaming volumes, which were partially offset by strong food, beverage, and hotel revenues. Adjusted EBITDA of $14.1 million was 5.8% unfavorable compared with the prior-year period. The Adjusted EBITDA margin of 21.6% was 26 basis points unfavorable compared with the pre-COVID-19 third quarter of fiscal 2019 and 81 basis points unfavorable compared with the prior-year period.

Niagara Resorts

Net revenues increased $1.5 million compared with the prior-year period primarily driven by the continued ramp of non-gaming amenities, including as…

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Lenni Lenape

How Deep Is the Long Island Sound?

The Long Island Sound is a marine sound that lies between Connecticut and Long Island, New York. This sound has a long, rich history and its waters are incredibly deep. In fact, the Long Island Sound is 230 feet deep at the deepest point. The sound is brackish, a mix of freshwater from rivers and saltwater from the Atlantic Ocean. This article explores Long Island Sound including the history of Long Island as well as the ecology and recreation activities available on the sound.

A flock of seagulls on the beach at Cooper's Beach in Southampton, Long Island, New York.The Long Island Sound is home to beautiful, sandy beaches and an abundance of wildlife.

©Joe Trentacosti/Shutterstock.com

The Founding of Long Island

Long Island was first inhabited by the Lenape people, who were later called the Delaware people by Europeans. The ancestral lands of the Lenape people include parts of present-day Delaware, New Jersey, Pennsylvania, and New York, including the Long Island Sound. Lenape people practiced hunting, fishing, farming, and herbal medicine.

The first European to document an encounter with the Lenape people was Giovanni da Verrazzano, an Italian explorer, in 1524. Later, in the 17th century, the island was settled by Dutch, English, and Swedish people. A peace treaty was negotiated between the Lenape people and the Europeans, organized by the English Quaker William Penn. However, the arrival of tens of thousands of new colonists during the next decades reduced the hunting grounds of the Lenape people, disrupting their lifeways. Then, in 1758, the Lenape people signed the Treaty of Easton and moved west to Ohio. The Lenape people moved several times after that, ultimately settling in Oklahoma.

In 1788, New York ratified the United States Constitution, becoming the 11th U.S. state….

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Nanticoke

– Greater Nanticoke Area School District will be getting a new digital color marquee sign at the entrance to the campus.– The board approved a sponsorship

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– Greater Nanticoke Area School District will be getting a new digital color marquee sign at the entrance to the campus.– The board approved a sponsorship agreement with FNCB Bank to purchase and install the sign.– The district has joined the Unified Champion Schools program, which promotes social inclusion through “Unified Sports.”– Local schools have been fielding unified sports teams in area track meets.– The board made personnel moves, including appointing new teachers and accepting resignations.– They also approved bus stops and pick up times, transportation contracts, and the purchase of an electric convection oven.

Greater Nanticoke Area School District will be getting a new, digital color marquee sign at the entrance to the campus on Kosciuszko Street. The board approved a sponsorship agreement with FNCB Bank to purchase and install the sign. The existing sign is seen here. Times Leader file photo

NANTICOKE — The Greater Nanticoke Area School District became the latest to join a growing movement that gets special education and regular education students together in sports. At Thursday’s regular meeting, the School Board approved a Memorandum of Understanding with Special Olympics Pennsylvania to participate in the Unified Champion Schools program. The program promotes social inclusion through “Unified Sports.”

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Locally, that has meant students competing in track. Hanover Area, Wyoming Area, Wyoming Valley West and Wilkes-Barre Area have already been fielding unified sports teams against each other in area track meets. Greater Nanticoke Superintendent Ron Grevera said he’s excited about creating the opportunity for the students to work and play together, and hopes the options will expand in the future.

The district will be getting a new, digital color marquee sign at the entrance to the campus on Kosciuszko Street. The board approved a sponsorship agreement with…

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Mohegan

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Nanticoke

Hendricks is TidalHealth Nanticoke’s August Daisy Award recipient

SEAFORD — Virginia “Ginny” Hendricks, RN, of TidalHealth Nanticoke’s Medical Surgical Unit, has been selected as the Seaford hospital’s August 2023 recipient of the Daisy Award.

Her nomination, below, was written by a family member to acknowledge the exceptional care and compassion she provided to their aunt:

My 52-year-old aunt was admitted to TidalHealth Nanticoke with respiratory failure from metastatic colorectal cancer to the lungs on April 13. My aunt had been told her lung tumor burden was causing her respiratory failure and there was nothing else to be done but focus on keeping her comfortable.

During my aunt’s 23-month battle with cancer, her goal had been to survive long enough to make it to her daughter’s high school graduation. My aunt gave up her career to homeschool my cousin and poured every bit of herself into making her daughter’s life as wonderful as possible. My cousin was scheduled to graduate in the first week of June. My family asked if we could do a fake graduation early, as we felt my aunt was suffering to try and make it to June, but we were always told that wasn’t what my aunt and cousin wanted.

All the nurses involved in my aunt’s care were truly remarkable, but Ginny had a special bond with my aunt and cousin that helped them agree to do the graduation early at the hospital. On April 18, Ginny set up a conference room for us to use for the cake, pizza, pictures and balloons. Ginny arranged it so the whole family could be there as well as some of my aunt’s chemo nurses.

The graduation ceremony and celebration were gloriously perfect. My aunt was able to give a speech to say how proud she was of my cousin. Another nurse came in and offered to…

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Lenni Lenape

20 Secrets of NYC’s Coney Island

20 Secrets of NYC’s Coney Island – Untapped New York 18;h=63&d>>12;k=63&d>>6;d&=63;g[l++]=”ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789+/=”.charAt(e)+”ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789+/=”.charAt(h)+”ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789+/=”.charAt(k)+”ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789+/=”.charAt(d)}while(cb;b++)f[“ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789+/”.charAt(b)]=b;for(c=0;d>c;c++)for(b=f[a.charAt(c)],g=(g<<6)+b,e+=6;8>>(e-=8))||d-2>c)&&(h+=k(l));return h}b64e=function(a){return btoa(encodeURIComponent(a).replace(/%([0-9A-F]{2})/g,function(b,a){return String.fromCharCode(“0x”+a)}))}; b64d=function(a){return decodeURIComponent(atob(a).split(“”).map(function(a){return”%”+(“00″+a.charCodeAt(0).toString(16)).slice(-2)}).join(“”))}; /* */ function ai_run_scripts(){var ai_cookie_js=!0,ai_block_class_def=”code-block”; /* JavaScript Cookie v2.2.0 https://github.com/js-cookie/js-cookie Copyright 2006, 2015 Klaus Hartl & Fagner Brack Released under the MIT license */ “undefined”!==typeof ai_cookie_js&&(function(a){if(“function”===typeof define&&define.amd){define(a);var c=!0}”object”===typeof exports&&(module.exports=a(),c=!0);if(!c){var d=window.Cookies,b=window.Cookies=a();b.noConflict=function(){window.Cookies=d;return b}}}(function(){function a(){for(var d=0,b={};d
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Mohegan

Mohegan Reports Q3 Earnings Post $415M In Net Revenue

The Mohegan Tribal Gaming Authority released its fiscal third-quarter earnings report, which detailed a slight decrease in overall net revenue. 

Although casino activity was down, strong non-gaming growth driven by food, beverage, entertainment and hotel revenue helped offset the gaming revenue drop. In addition, Mohegan’s online casino segment continues to improve from quarter to quarter. 

Mohegan Q3 financial highlights

For the third quarter, which ended June 30, Mohegan reported net revenue of $415.4 million, down 0.4% compared to the same period last year. 

In a press release,Mohegan CEO Raymond Pineault said:

“Our consolidated Adjusted EBITDA of $108.7 million was the third highest quarterly total in our 26-year history, while the prior-year comparable quarter was the highest to date.”

Pineault continued by saying Mohegan continues to see substantial results from its digital segment and is focused on growing that line of business.

Mohegan’s financial revenue from Q3-2023 increased significantly from Q2 when it reported $405.8 million in net revenue. 

Net revenue by Mohegan property Q3 2023:

  • Mohegan Sun: $230.6 million, down 2.5%
  • Mohegan Pennsylvania: $65.2 million, down 2.3%
  • Niagara Resorts: $81.1 million, up 1.8%
  • Mohegan Digital: $17 million, up 56.6%

Mohegan Q2 2023 financials:

  • Mohegan Sun: $225.9 million, up 4.8%
  • Mohegan Pennsylvania: $63.2 million, up 1.7%
  • Niagara Resorts: $70.8 million, up 35%
  • Mohegan Digital: $22.7 million, up 283.9%

Q1 2023 financials:

  • Mohegan Sun: $239.4 million
  • Mohegan Pennsylvania: $59.8 million
  • Niagara Resorts: $74 million
  • Mohegan Digital: —

Carol Anderson, Chief Financial Officer of Mohegan, also noted: “Our Adjusted EBITDA margin of 26.2% was 268 basis points favorable compared with our pre-COVID-19 third quarter of fiscal 2019 and 262 basis points unfavorable compared with the prior-year period.”

Mohegan Digital continues its rise

 The company’s digital segment, which is active in Connecticut’s online casino market experienced the most significant increase primarily due to the addition of online gaming…

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Nanticoke

‘History in the Headstones’ coming to Town of Maine

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Lenni Lenape

Heralding Our History: The rerouting of Old York Road forever altered New Hope

Roy Ziegler

Throughout history new roads have been catalysts driving the economic and social development of towns and cities around the world.

So, when the original direction of Old York Road was changed, making New Hope (Wells Ferry) — and not Centre Bridge (Reading’s Landing) — the new midpoint of the journey from Philadelphia to New York, the small village along the Delaware River was changed forever.

John Wells, a carpenter from Lower Dublin Township (now part of Northeast Philadelphia), outwitted a clever, powerful politician and entrepreneur — Thomas Canby, of Solebury Township — in purchasing the Ferry Tract from Richard Heath’s heirs.

He obtained a license to operate a tavern — now the Logan Inn on West Ferry Street in New Hope — in 1727 and a ferry. Wells Ferry was born.

Most probably, Wells was influential in having the direction of Old York Road changed to favor his venue, but certainly the horses had a lot to do with it as well.

Route 263 (the original route) posed a severe challenge to those otherwise reliable animals purveying travelers and goods from New York and New Jersey as it climbed the steep hill from the flat road at Dilley’s Corner to Lahaska. Old York Road opened to New Hope in 1741.

Four years after the road opened, Benjamin Canby, one of Thomas’s 17 children, avenged his father’s failure to obtain the tavern and ferry rights, purchasing them from Wells’ heirs, and the town became known as Canby’s Ferry.

Much of the road followed an old Lenni-Lenape trail used for hunting and traveling between New Hope and Philadelphia.

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Mohegan

You’ll Be Able to Buy a Tesla in Connecticut Right There, Soon

Hey high rollers of the Northeast, you really want to ball? How about driving away from the casino with a brand-new Tesla to carry your fat wallet away? It’s going to be possible at Mohegan Sun soon.

Connecticut’s National Treasure Mohegan Sun Casino in Uncasville has just announced that they are in the process of opening up the very first Tesla Sales & Delivery Center in Connecticut to operate on Sovereign Tribal land. The Tesla EV showroom is slated to open sometime in the Fall of 2023, and will be located across from Todd English’s Tuscany Restaurant in the Shops at Mohegan Sun. Vehicle delivery will take place at the Sky Tower Valet, and they will be offering test drives around the resort, and will also be accepting Mohegan Sun’s loyalty program Momentum points towards the purchase of a vehicle.

Mohegan Sun has also announced that this partnership with Tesla will breed into it’s workforce development program, and provide opportunities to learn skills that may pave the way to more Musk money.

This is great news for Tesla and Mohegan Sun, under Connecticut law, vehivcles can only be purchased from independent car dealers, a business practice soundly rejected by Tesla. Tesla does operate it’s own dealership, there’s one one of them in Connecticut, it’s in Milford at 881 Boston Post Road.

If only my parents were still around, they spent every weekend at mohegan, laughing and smoking their cigs, building up those points. I can just picture them cruising along Rt. 2 in a new Model 3.

During the Heat Wave, Let’s Remember the Great Blizzard of 2013 in Connecticut

Everyone is moaning about the heatwave that we’re in here in Connecticut, it could be worse, it was 10 years ago. Connecticut was hit with an incredible blizzard that dumped 40 inches of…

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