Mohegan Tribal Gaming Authority Reports Improved Digital Turnover
Mohegan Tribal Gaming Authority has reported stronger gaming revenues and a sharp rise in digital betting income for the six months ending March 31, 2026, despite continuing to carry more than US$1.8 billion in long-term debt.
The tribal gaming operator posted net revenues of US$863.5 million for the period, up 1.1% year-on-year, while gaming revenue rose 3.1% to US$618.8 million.
A major growth driver was Mohegan Digital, with online casino gaming and sports wagering revenues surging 38.1% to US$151.4 million as operations expanded in Connecticut and Pennsylvania.
The company recorded net income attributable to Mohegan Tribal Gaming Authority of US$122.7 million, rebounding strongly from a US$39 million loss in the prior corresponding period.
However, the group remains heavily leveraged, with total liabilities sitting at US$2.48 billion against total assets of US$1.97 billion.
The results also revealed Mohegan has completed the sale of its South Korean INSPIRE integrated resort business following lender intervention, generating a US$104 million disposal gain.
Separately, the company confirmed the sale of its WNBA basketball franchise Connecticut Sun for US$300 million after securing league and regulatory approvals, with Houston Rockets owner Tilman Fertitta making the purchase.
The Mohegan Tribal Gaming Authority is the gaming and entertainment business arm of the Mohegan Tribe of Indians of Connecticut, with these types of bodies further complicating the gambling landscape in the USA.
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