New Report Shows $5.2 Billion in Economic Activity Generated by Mohegan Properties
Mohegan Sun Delivers More Than $2.2 Billion in Local Economic Activity to Connecticut
UNCASVILLE, CT, October 25, 2022 – Mohegan,
world renowned entertainment and gaming entity, today announced its North America properties generated a total of $5.2 billion in local economic activity over a one-year period, according to the brand’s first-ever Economic Impact Report. Analyzing data for 2019 (the most recent representative year), the report details Mohegan’s significant, positive impact on employment, household income, direct visitor spending, as well as state and local tax support. Mohegan commissioned Oxford Economics, the world’s foremost independent economic advisory firm, to conduct the study.
The analysis utilized a widely recognized approach to determining economic impact and examined all Mohegan properties in operation in 2019: Mohegan Sun in Uncasville, Connecticut; Mohegan Pennsylvania in Wilkes-Barre; ilani in Ridgefield, Washington; Resorts Casino Hotel in Atlantic City, New Jersey; and Niagara Casinos in Niagara Falls, Ontario.
“Mohegan is deeply-rooted in supporting the communities in which we operate and serve, and this new report makes clear the true scale of that impact across our critical partnerships, charitable giving, sustainability initiatives, funding infrastructure, and direct contributions to state and local government revenues,” said James Gessner Jr., Chairman of the Mohegan Tribe. “We are guided by our core values and our centuries-old philosophy, ‘Spirit of Aquai’ – living the importance of cultivating productive and long-term relationships. This study demonstrates the important benefits of those relationships.”
The $5.2 billion in economic activity includes:
- Nearly 35,000 total jobs created
- More than $2.7 billion in revenues generated onsite and off-property by the 15.7 million visitors to U.S./Canada-based Mohegan destinations in 2019
- $759.3 million paid in state and local taxes, including gaming contributions, supported by Mohegan
- $639.2 million in business purchases by Mohegan to contribute to operations, supporting networks of local businesses of all sizes in the communities and regions in which Mohegan operates
“We’re gratified that our continued success has a positive impact on local businesses and the surrounding communities,” said Ray Pineault, President & CEO of Mohegan. “Our success is a credit to the one-of-a-kind entertainment and experiences that our team members provide at each property. As we continue to expand into new locations, including Las Vegas and Korea, we look forward to continuing to contribute to the prosperity of the communities in which we live and serve.”
“It’s incredibly rewarding that our success in developing a world-class entertainment experience and destination has a ripple effect that extends well beyond our doors,” said Jeff Hamilton, President and General Manager, Mohegan Sun.
“Our impact on tourism, job creation, state and local tax revenues and the local economy are a testament to our entire organization. We look forward to building on this success as we continue to enhance our offerings.”
The full report, including economic impact activity per location, can be found at https://mohegangaming.com/news/.
About Mohegan
Mohegan is the owner, developer and manager of premier entertainment resorts in the United States, Canada, and Northern Asia. Mohegan’s U.S. operations include resorts in Connecticut, Washington, Pennsylvania, New Jersey, and Nevada; Canadian operations are based in Niagara Falls; and Mohegan Inspire is located in Incheon, South Korea. The brand’s iGaming division, Mohegan Digital, provides cutting-edge online gaming solutions to Mohegan’s loyal fan base and meets the digital needs of customers on a global scale. Mohegan is owner and operator of Connecticut Sun, a professional basketball team in the WNBA. For more information on Mohegan and its properties, please visit www.mohegangaming.com.
###