Mohegan Gaming and Entertainment has reported revenue of $328.1m

in Finance

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US.- Mohegan Gaming and Entertainment has reported financial results for the third quarter of its fiscal year with $328.1m in net revenue, more than double the $107m reported in Q3 2020, which was heavily affected by the pandemic.

 

Raymond Pineault, CEO of Mohegan Gaming, said: “Another quarter of strong results demonstrates that MGE remains well positioned as we continue to emerge from the pandemic.

“In addition, we recently announced Mohegan Digital, which will provide leading sports betting and digital gaming solutions to our loyal customers and attract new customers on a broader scale. This new business line will diversify our future revenue streams and contribute to the financial stability of MGE.

Carol Anderson, chief financial officer of Mohegan Gaming, said: “These results are indicative of the continued recovery as most remaining COVID-related restrictions were lifted at our United States properties during the quarter.”

https://mohegangaming.com/2021/08/10/mohegan-gaming-entertainment-third-quarter-fiscal-2021-operating-results/