Casino official calls results "disappointing"
First quarter operating income at Mohegan Sun was down $16.9 million, or 23.2 percent, from the same time in 2006, a situation casino president and chief officer Mitchell Etess called "disappointing."
"The quarter was especially impacted by the December slot promotional activity at our competitor, which had a devastating impact on the Connecticut and New England market," Etess, who is also the president and chief officer of the Mohegan Tribal Gaming Authority, said in a statement in the authority's first quarter fiscal year 2008 report. "Trends in January and early February indicate that normal levels of promotional activity have resumed."
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