Mohegan Sun - History

History

Further information: Mohegan Indians v. Connecticut

The development of the Mohegan Sun began in 1992 with RJH Development and LMW Investments of Connecticut, and Slavik Suites Inc. proposed the idea of developing a casino with the Mohegan tribe. The three companies formed Trading Cove Associates (TCA), which provided the Mohegans with financial support, tribal attorneys, and advisers to assist in the tribe's effort to gain official recognition as a people. In March 1994 they gained federal recognition as a sovereign people, opening the way to develop a casino. Sol Kerzner, head of Kerzner International (formerly Sun International), became involved with a 50 percent interest in TCA. Waterford Gaming had the other 50 percent interest in TCA. The Mohegan Tribal Gaming Authority (MTGA) hired TCA to oversee development and construction of the casino.

The casino and resort first opened on October 12, 1996. In 2000, Trading Cove Associates gave complete control of the resort to the Mohegan tribe; TCA still receives a 5% dividend on the gross revenue generated by Mohegan Sun until 2014.

Read more about this topic:  Mohegan Sun

Famous quotes containing the word history:

    “It may be well to remember that the highest level of moral aspiration recorded in history was reached by a few ancient Jews—Micah, Isaiah, and the rest—who took no count whatever of what might not happen to them after death. It is not obvious to me why the same point should not by and by be reached by the Gentiles.”
    —Thomas Henry Huxley (1825–95)

    “The history of work has been, in part, the history of the worker’s body. Production depended on what the body could accomplish with strength and skill. Techniques that improve output have been driven by a general desire to decrease the pain of labor as well as by employers’ intentions to escape dependency upon that knowledge which only the sentient laboring body could provide.”
    —Shoshana Zuboff (b. 1951)

    “Look through the whole history of countries professing the Romish religion, and you will uniformly find the leaven of this besetting and accursed principle of action—that the end will sanction any means.”
    —Samuel Taylor Coleridge (1772–1834)