Monday, September 22, 2008

The Tribe In The Media: Mohegans Stop Construction Of Hotel

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This installment of The Tribe In The Media series is an article in The Day newspaper's website that reports the Mohegan Sun's stopping of construction on its 39-story hotel.

Mohegans, Citing Economic Slowdown, Delay Casino Expansion
By Heather Allen
The Day
September 22, 2008

The Mohegans will delay their ongoing expansion project in light of economic challenges that have been plaguing the two tribally owned casinos in Connecticut, as well as other gaming markets throughout the country.

The Earth Expansion at Mohegan Sun will be put on the back burner for at least a year, the tribe's gaming authority said in a release today.

The Mohegans unveiled a piece of the $925 million Project Horizon expansion at the end of August with the opening of the Casino of the Wind.

The project was scheduled to wrap up in the fall of 2010 with the opening of the 39-story Earth Tower hotel, 1,500-seat House of Blues music hall, a 22,000-square-foot spa and new retail and dining space. The total projected cost for the Earth Expansion was to be $734 million.

President and CEO Mitchell Etess was not immediately available for comment Monday evening.