Category: Mohegan

POCONO DOWNS ENTRIES

Saturday Feb 19, 2022 Post Time:1:30 PM

First Game 25CL $20,000 Pace

1. Winning Is Sweet (Ja Pantaleano) 8-1

2. Marco Beach (Ma Kakaley) 6-1

3. Super Pac Hanover (Ma Miller) 12-1

4. Caviart Max (Ja Morrill Jr) 9-2

5. America’s Guest (An Napolitano) 5-2

6. Dream Of Luck (Ge Napolitano Jr) 3-1

7. Bamski (Ja Bartlett) 7-2

Second nw12000L5 $14,500 Pace

1. Zanetti (Ge Napolitano Jr) 5-2

2. Friskie All Nite (Ja Bartlett) 6-1

3. Redbank Blaze A (Ma Kakaley) 12-1

4. Closing Statement (Ma Miller) 4-1

5. War-N-Munn (Ja Morrill Jr) 3-1

6. Parmesan N (Ty Buter) 9-2

7. Captain Cash (Ja Pantaleano) 15-1

8. Bravo Tex N (An Napolitano) 10-1

Third Game 15CL $12,500 Pace

1. Carracci Hanover (An Napolitano) 5-2

2. Fernado (Ge Napolitano Jr) 7-2

3. Bush Man N (Ma Kakaley) 5-1

4. Dreams Are True (Ty Buter) 2-1

5. Janaid (Ky DiBenedetto) 10-1

6. Heartlandbanysbro (Ja Morrill Jr) 6-1

Fourth Game 15CL $12,500 Pace

1. Ain’t It Fun (Ma Miller) 9-2

2. Parklane Jet (Ma Kakaley) 5-2

3. Sporty Dragon (Ja Morrill Jr) 6-1

4. Spanish Art (Si Allard) 3-1

5. Beach Fire K (Ge Napolitano Jr) 7-2

6. Pointsman (An Napolitano) 8-1

7. Vaganova (Br Boyd) 12-1

Fifth Game 25CL $20,000 Pace

1. Go West Go Fast (Ma Miller) 2-1

2. The Bus A (Ge Napolitano Jr) 5-1

3. Jumpin Jake Flash (Ma Kakaley) 10-1

4. Classic Pro (Ja Morrill Jr) 6-1

5. Carolina Magic (Ja Pantaleano) 7-2

6. Lord Of Misrule (Br Boyd) 5-2

Sixth nw9000L5 $12,500 Trot

1. Timestorm (Ja Bartlett) 3-1

2. Sweet Heart As (Ma Miller) 4-1

3. Mosconi Hanover (Ty Buter) 6-1

4. Keystone Thunder (Ja Morrill Jr) 10-1

5. Seven Iron (Br Boyd) 9-2

6. Zsa Zsa Dabor (Ge Napolitano Jr) 15-1

7. Eurobond (Ma Kakaley) 5-2

8. Southwind Frost (Si Allard) 12-1

Seventh Game 15CL $12,500 Pace

1. Dark Horse (Br Boyd) 10-1

2. Sportskeeper (Si Allard) 2-1

3. Ic A Free Spirit (Ja Morrill Jr) 6-1

4. Mcnulty Z Tam (Ge Napolitano Jr) 7-2

5. Classifiedmaterial (Ty Buter) 5-2

6. Love Yourself (Ma Kakaley) 5-1

Eighth w4-7PM $17,000 Trot

1….

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Bruce A. Meldrom

Poughkeepsie – Bruce A. Meldrom, 74, of Poughkeepsie, NY, died Feb. 16 unexpectedly at home.

He was born August 16, 1947, in Poughkeepsie to Philip V. and Lila Shaffer Meldrom. He attended Red Hook schools and graduated from Red Hook High school in 1964. He served in the US Navy for 4 years.

On Dec. 4, 1971, he married the former Linda Tuttle, who survives at home. They recently celebrated their 50th wedding anniversary.

Bruce was employed at the Poughkeepsie Journal for over 45 years, first in the composing room and later in the Ad Service Department for Display Advertising.

After retiring he worked at Enterprise Rent A Car, later worked for several years at Home Depot and he was currently employed at the Hyde Park Florist.

Bruce was an avid You Tube watcher, he would always say if you need to know something look on You Tube. He also enjoyed playing Texas Hold’em online for fun and loved going to Mohegan Sun a few times a year. He was a true lover of pets and enjoyed many years with our cats, Scooter, Joey, Sarah, Benny and our most recent cat, Jag.

In addition to his wife, Bruce is survived by his two daughters, Amy (Scott) Rajczi, Hyde Park, NY and Kathy (Bryan) Haase, Poughkeepsie, NY., his two older brothers, Philip (Kathy Tuttle), Rhinebeck, NY and James A. Meldrom, SanAntonio. TX. and his 4 grandchildren, Emma, Paul and Megan Rajczi and Samantha Haase. He was predeceased by his parents and his first granddaughter, Amanda Rajczi.

Visitation will be Sunday, February 20, 2022, from 2-4 PM at the Wm. G. Miller & Son FH, Inc., 371 Hooker Ave., Poughkeepsie, NY 12603. Services will be at 4PM in the Funeral Home. Burial is private. In lieu of flowers contributions may be sent to the Dutchess County SPCA,…

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A strong group-wide performance, encompassing land-based establishments and online gaming, has led to Mohegan Gaming and Entertainment recording year-over-year improvements in net revenue and adjusted EBITDA.

This is aligned to the strong performance at the company’s owned and managed properties, as well as the addition of Mohegan Sun Casino Las Vegas and MGE Digital, compared to the prior period.

However, it is noted that 2020 was negatively impacted by various COVID-19 related restrictions, including the closure of the MGE Niagara Resorts for the entire period and Mohegan Sun Pocono for 20 days, in addition to state-mandated public health protocols at the operator’s other properties.

Net revenue through the quarter ending December 31, 2021, scored a 74.2 per cent increase to $402m (2020: $230.8m), with income from operations up to $35.2m (2020: $10.6m), net loss dropping 56.1 per cent to $11.7m (2020: $26.6m), and adjusted EBITDA rising 140.8 per cent to close at $97.4m.

When compared to the period ending December 31, 2019, net revenue and adjusted EBITDA increased 0.7 per cent and 29.7 per cent, respectively, which, MGE says, was largely driven by improved overall volumes and reductions in labour and marketing costs.

“Our consolidated adjusted EBITDA of $97.4m continues our trend of strong performance and demonstrates MGE’s ability to drive profitability,” said Raymond Pineault, CEO of MGE.

“In addition, following the successful completion of financing in November 2021, we are very pleased to announce that MGE has recommenced construction of Inspire Korea.”

Revenue at the company’s flagship Mohegan Sun facility in Connecticut, during a time frame that was said to reflect “normal operating conditions compared to…

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UNCASVILLE, Conn., Feb. 9, 2022 /PRNewswire/ — The first legal sports bet ever placed in Connecticut occurred at Mohegan Sun on September 29, 2021 at the Bow & Arrow Sports Bar. Now, just across from this area, the permanent Mohegan Sun FanDuel Sportsbook is slated to have a soft-opening tomorrow (February 10th) at 9:00am, just ahead of football’s biggest Sunday. The new Mohegan Sun FanDuel Sportsbook, located in the old Race Book, stretches 11,000 square feet, and is home to a 140-foot video wall, 30+ additional hi-res flat screens, a mezzanine level, a full bar, and more. Fans heading to Mohegan Sun FanDuel Sportsbook for the big game on Sunday, February 13th (kick-off at 6:30pm ET) can take advantage of a free bet of up to $50, as well as a Big Game Buffet for $29.95.

Mohegan Sun FanDuel Sportsbook will feature multiple live teller windows, as well as 39 easy-to-use betting kiosks. One of those betting kiosks will be located on the all-new mezzanine level that has 22 luxury seats. In total, this new sportsbook offers up 222 total seats and a full bar that is centrally located. The showstopper is the 140’x14′ hi-definition video wall, where incredible viewing experiences are possible, especially thanks to the uniquely high ceilings in this venue. Additionally, Mohegan Sun FanDuel Sportsbook is still home to a Race Book.

“We’re beyond excited about this new venue which completely transforms Mohegan Sun’s old Race Book space into one of the largest and most dynamic FanDuel Sportsbook’s in the United States,” –said Jeff Hamilton, President & General Manager of Mohegan Sun. “The all-new Mohegan Sun FanDuel Sportsbook, led by Sportsbook General Manager Brad Bryant, becomes the premier venue to wager on and catch a game while enjoying top-notch service inside an incredibly immersive atmosphere. We’re really…

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UNCASVILLE, Conn., Feb. 9, 2022 /PRNewswire/ — Mohegan Gaming & Entertainment (“MGE” or the “Company”), a master developer and operator of premier integrated entertainment resorts, today announced operating results for its first fiscal quarter ended December 31, 2021.

MGE Operating Results

	Three Months Ended		Variance
($ in thousands, unaudited)	December 31, 2021		December 31, 2020		$		%
Net revenues	$ 401,963		$ 230,781		$ 171,182		74.2 %
Income from operations	35,195		10,610		24,585		231.7 %
Net loss attributable to MGE	(11,680)		(26,621)		14,941		56.1 %
Adjusted EBITDA1	97,384		40,443		56,941		140.8 %

“Our consolidated Adjusted EBITDA of $97.4 million continues our trend of strong performance and demonstrates MGE’s ability to drive profitability,” said Raymond Pineault, Chief Executive Officer of the Company. “In addition, following the successful completion of financing in November 2021, we are very pleased to announce that MGE has recommenced construction of Inspire Korea.”

Carol Anderson, Chief Financial Officer of the Company, also noted, “These results, including our strong Adjusted EBITDA margins, continue to reflect MGE’s ability to adapt to the ongoing COVID-19 pandemic. At our flagship property Mohegan Sun, Adjusted EBITDA was $78.2 million, 20.1% favorable to the period ended December 31, 2019, which is the closest pre-COVID-19 comparable, while net revenues and Adjusted EBITDA margin were up 3.4%, and 430 basis points, respectively, over the same period. Mohegan Sun Pocono, Mohegan Sun Casino Las Vegas, ilani Casino Resort and Resorts Casino Hotel all continue to perform well. The MGE Niagara Resorts also generated strong results during its first full fiscal quarter of operations since the COVID-19 related closure that began in March 2020 and ended in July 2021.”

_______________________

1 See the Reconciliation of Non-GAAP Financial Measures discussion later in this release for a reconciliation of Adjusted EBITDA.

Selected consolidated operating results for the first quarter ended December 31, 2021 and prior-year period were as follows (unaudited):

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• Net revenues of $402.0 million versus $230.8 million in the prior year period, a 74.2% increase;

• Income from operations of $35.2 million versus…

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US tribal casino operator Mohegan Gaming & Entertainment says it has recommenced construction of its South Korean integrated resort, Inspire Korea, after completing financing late last year.

As previously reported by Inside Asian Gaming, Mohegan confirmed the completion of financing in November with the full US$1.55 billion in aggregate funding comprising US$575 million in equity, a KRW1.04 trillion (US$890 million) finance loan from raised through a three-bank Korean consortium – KB Securities, NH Investment & Securities and Hana Financial Investment – and KRW100 billion (US$85.5 million) from the General Contractor, Hanwha Engineering & Construction Corp.

Subsequent to completion of the financing, Inside Asian Gaming interviewed Mohegan Gaming and Entertainment International President Bobby Soper in December 2021.

As part of its overnight results announcement for the three months to 31 December 2021, Mohegan said Hanwha Engineering & Construction Corp has “remobilized and recommenced construction work on site” including structural steelwork and below grade utility construction plus infrastructure related work such as utilities and roadways to the site. The procurement of major trades and long lead items is also in progress.

Mohegan had stated upon securing final financing in November that it is hoping to open Inspire Korea within the first half of 2023.

The development is slated to include three hotel towers, an arena, a foreigner-only casino, dining, retail, convention and entertainment options, a year-round indoor water dome experience, and an outdoor family park.

It will become the second integrated resort to open in Incheon after Paradise City – the latter being a joint venture partnership between Korea’s Paradise Co and Japanese gaming firm Sega Sammy Holdings.

The company said on a call with analysts overnight that the resumption of construction “demonstrates MGE’s dedication to growth and diversification.”

Mohegan, which operates…

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After taking bets at the casino’s sports bar since the end of September, the permanent Mohegan Sun FanDuel Sportsbook in Connecticut will have a soft opening on Thursday — just in time for Sunday’s Super Bowl, a national sports betting holiday.

The first legal bet in Connecticut was placed on Sept. 29 at the Mohegan Sun’s Bow & Arrow Sports Bar by Gov. Ned Lamont. He bet $50 on the Connecticut Sun in the WNBA Playoffs at the temporary Mohegan Sun sportsbook. At the time it had four live betting windows and 50 self-service betting terminals.

The permanent sportsbook, which soft launches at 9 a.m. Thursday, will have multiple live teller windows and 39 betting kiosks, according to a news release. One of the kiosks will be on the all-new mezzanine level that has 22 luxury seats.

The new sportsbook, located in the old Race Book, will have 222 total seats and a 140-foot video wall in its 11,000 square feet, the release said.

“We’re beyond excited about this new venue which completely transforms Mohegan Sun’s old Race Book space into one of the largest and most dynamic FanDuel Sportsbooks in the United States,” Jeff Hamilton, president & general manager of Mohegan Sun, said in the release. “The all-new Mohegan Sun FanDuel Sportsbook, led by Sportsbook General Manager Brad Bryant, becomes the premier venue to wager on and catch a game while enjoying top-notch service inside an incredibly immersive atmosphere.

”We’re really thrilled to welcome sports fans out to this new venue, and we plan to have special appearances throughout the year.”

After the permanent sportsbook gets up and running this week, the casino and FanDuel will host a Grand Opening celebration on March 5, just in time for March Madness.

Offers for Sportsbook Visitors

Running through Sunday, bettors who visit the Mohegan…

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Mohegan Gaming & Entertainment (MGE), in partnership with America’s #1 Sportsbook, FanDuel, will open the 11,000 square-foot signature Sportsbook this Thursday inside Mohegan Sun; Mohegan Sun also invites fans out on Sunday, February 13th, to watch the big game on the new 140-foot video wall, while enjoying drinks, food and an opportunity to score a free bet

UNCASVILLE, Conn., Feb. 9, 2022 /PRNewswire/ — The first legal sports bet ever placed in Connecticut occurred at Mohegan Sun on September 29, 2021 at the Bow & Arrow Sports Bar. Now, just across from this area, the permanent Mohegan Sun FanDuel Sportsbook is slated to have a soft-opening tomorrow (February 10th) at 9:00am, just ahead of football’s biggest Sunday. The new Mohegan Sun FanDuel Sportsbook, located in the old Race Book, stretches 11,000 square feet, and is home to a 140-foot video wall, 30+ additional hi-res flat screens, a mezzanine level, a full bar, and more. Fans heading to Mohegan Sun FanDuel Sportsbook for the big game on Sunday, February 13th (kick-off at 6:30pm ET) can take advantage of a free bet of up to $50, as well as a Big Game Buffet for $29.95.

Mohegan Sun FanDuel Sportsbook will feature multiple live teller windows, as well as 39 easy-to-use betting kiosks.

Mohegan Sun FanDuel Sportsbook will feature multiple live teller windows, as well as 39 easy-to-use betting kiosks. One of those betting kiosks will be located on the all-new mezzanine level that has 22 luxury seats. In total, this new sportsbook offers up 222 total seats and a full bar that is…

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The casino is slated to have a soft-opening Thursday for its new Mohegan Sun FanDuel Sportsbook, days ahead of Sunday’s big game in Los Angeles.

MONTVILLE, Conn. — Mohegan Sun is entering a new era of sports betting with the grand opening of its new Sportsbook facility, just days before the Cincinnati Bengals and the Los Angeles Rams do battle in the 2022 Super Bowl.

Mohegan Gaming & Entertainment (MGE) will hold a soft-opening for its new Mohegan Sun FanDuel Sportsbook Thursday at the site of the casino’s former Race Book.

MGE says the Sportsbook will be open on Sunday, Feb. 13, for the 2022 Super Bowl, where fans can take advantage of a free FanDuel bet up to $50, and a special “Big Game Buffet.”

The official grand opening for the Sportsbook will be held March 5.

The new Mohegan Sun FanDuel Sportsbook spans 11,000 square feet, and includes a 140-foot video wall, more than 30 high-res flat screen televisions, a mezzanine level, a full bar, and more.

All bets are on!
The Mohegan Sun @FDSportsbook opens tomorrow, February 10th at 9:00am. Come check out our 11,000 square-foot signature Sportsbook just in time for the big game on Sunday. Place a bet and enjoy our Big Game Buffet for $29.95. pic.twitter.com/fyQL051Ivv

— Mohegan Sun ️ (@MoheganSun) February 9, 2022

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“We’re beyond excited about this new venue which completely transforms Mohegan Sun’s old Race Book space into one of the largest and most dynamic FanDuel Sportsbook’s in the United States,” said Jeff Hamilton, President & General Manager of Mohegan Sun. “The all-new Mohegan Sun FanDuel Sportsbook, led by Sportsbook General Manager Brad Bryant, becomes the premier venue to wager on and catch…

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