Mohegan announces transition from casino management at Resorts Casino Hotel

(PRESS RELEASE) -- Today, Mohegan announced that at the end of 2024 it will complete its management assignment at Resorts Casino Hotel in Atlantic City, New Jersey. The fruitful partnership and relationship with the Bailey and Jerome families has significantly contributed to the evolution of the gaming and hospitality industry in Atlantic City.

“We’re extremely proud of our relationship with Resorts Casino Hotel and what we have helped accomplish,” said Ray Pineault, President & CEO of Mohegan. “We want to express our deepest gratitude to our Resorts team members, guests and the Atlantic City community for their support and dedication throughout our tenure as manager.”

In 2012, Mohegan acquired a 10% ownership interest in Resorts and entered into a management agreement with Resorts Casino Hotel, becoming the first Native American operated casino in Atlantic City. During this era, Mohegan has been proud to be part of the history and growth of Atlantic City’s first casino hotel, which opened its doors to the public in 1978. Mohegan will retain its 10% ownership interest in Resorts.

“Mohegan has been a valuable partner, and we are grateful for their contribution to our success,” said Morris Bailey, owner of Resorts Casino Hotel. “We entered into a management agreement with Mohegan at a time when Resorts faced many operational, economic and market challenges. Mohegan brought stability and direction to Resorts by helping to assemble a stellar management team which will remain in place. We are happy that, with Mohegan’s help, Resorts has reached a point where it is able to operate independently.”

“I want to thank Ray and the leadership team at Mohegan for the outstanding partnership over the past decade,” said Mark Giannantonio, President & CEO of Resorts Casino Hotel. “As we embark on this new chapter, the Resorts team is committed to continuing to provide what we have become known for, an exciting innovative casino resort whose team members deliver unparalleled service and an exceptional customer experience.”

Mohegan will remain as management partners through the end of December 2024, and is committed to ensuring a smooth transition process to maintain the continuity of the exceptional guest experience for which Resorts Casino Hotel is known.