) VIDEO: Mohegan Sun To Take Over Operations at Resorts | Casinos Features | Casinos | Atlantic City Weekly

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VIDEO: Mohegan Sun To Take Over Operations at Resorts

Mitchell Etess, CEO of the Indian Tribe casino company, which operates casinos in Connecticut and Pennsylvania, says it's the perfect time for a strategic partnership with Resorts and get back into the Atlantic City market.

By Jeff Schwachter
Add Comment Add Comment | Comments: 0 | Posted Aug. 7, 2012

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ATLANTIC CITY — Two weeks after Jimmy Buffett came to Atlantic City announcing a partnership with Resorts to create a Margaritaville venue on the Boardwalk side of the city’s oldest casino (watch video here), the Mohegan Sun Advisors group, an arm of the Mohegan Tribal Gaming Association, came to town on Tuesday, Aug. 7, announcing that the group is seeking approval to enter into a "strategic partnership" and "management contract and investment agreement" with Resorts.

Pending approval, the new operators should take over operations at the casino in the fall.

Some insiders think it is the early stages of a complete takeover by the Native American gaming company, which owns and operates the Mohegan Sun Casino in Connecticut and the Mohegan Sun Casino at Pocono Downs in Wilkes-Barre, although the casino is not for sale, according to co-owner Morris Bailey.

Since Resorts’ co-owner and CEO Dennis Gomes, who ran the Resorts operation with his family and a tight-knit executive staff since taking it over in 2010 with business partner Bailey, passed away in February, many have been wondering what lies ahead for the iconic Atlantic City casino.

For one thing, former Trump Plaza executive and current MTGA CEO Mitchell Etess is coming back to town.

At the press conference in Atlantic City, Etess said that MGA will do most of its work in relation to Resorts from a managerial standpoint and hopes to keep Dennis Gomes’ son Aaron Gomes on the new team.

“The timing is right,” says Etess. “We have long looked at the Atlantic City market as an excellent opportunity and with a solid commitment by state and local agencies to revitalize the area [now] is the perfect time to align our brands.”

ABOVE: Resorts unveiled its 1920s theme in 2010. Two years later and Jimmy Buffett and Mohegan Sun are slated to change the casino's direction.

 

The MSA will become the first Native American tribe to operate an Atlantic City casino — ironic, since the city is located on Absecon Island, a name derived from what the barrier island’s first settlers, the Lenni-Lenape tribe, called it.


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