Click here to close now.




















Welcome!

Agile Computing Authors: Samuel Scott, Cloud Best Practices Network, Liz McMillan, Georgiana Comsa, Jason Bloomberg

News Feed Item

Mohegan Sun announces partnership, submits application for casino license to Massachusetts Gaming Commission

Partnership with Brigade Capital Management further strengthens Mohegan Sun bid to build resort casino in Western Mass.

PALMER, Mass., Jan. 14, 2013 /PRNewswire/ -- Mohegan Sun today announced a strategic partnership with Brigade Capital Management ("Brigade") on its project to build a destination resort casino in Palmer, Massachusetts. The agreement with Brigade – a $12 billion New York-based investment advisor - coincides with Mohegan Sun's formal application for a casino license to the Massachusetts Gaming Commission.

"This is an important day for Mohegan Sun, for Western Massachusetts and the entire Commonwealth. Today, we take the next critical step in fulfilling our commitment to bringing new jobs and economic growth to the region," said Bruce "Two Dogs" Bozsum, Chairman of the Mohegan Tribal Council. "It's our intent to be the first casino to open its doors in Massachusetts."

Mohegan Tribal Gaming Authority CEO Mitchell Etess said:  "Brigade Capital Management will be a great partner and important asset to this project. They are experienced as institutional investment partners on gaming projects in several states across the U.S., and understand the business that Mohegan Sun has been successful in for 16 years."

Through this agreement, Brigade will invest capital into the corporate entity that is being established to develop Mohegan Sun's project in Western Massachusetts. That investment will give Mohegan Sun the strongest financial platform of any casino proponent pursuing a license in Massachusetts.

"Mohegan Sun is one of the most recognized casino gaming brands in the United States and they embody the proven model of success for gaming in New England," said Don Morgan, the Managing Member of Brigade. "This project will be built at the best location for a casino in Massachusetts, by a team with combined experience in multiple licensing jurisdictions, and managed by one of the premier gaming operators in the U.S.  We are excited to be a partner in this endeavor and to have a role in establishing the Massachusetts casino gaming industry."

Under the licensing process set forth by the Massachusetts Gaming Commission, the initial review phase - called "RFA1" - is designed so that the Commission can examine and verify an applicant's financial standing, company history, background and suitability for licensing. Mohegan Sun today formally filed its application under the RFA1 process, which includes remittance of a $400,000 application fee.

Mohegan Sun is planning a world class destination casino resort in Palmer that will create thousands of jobs and bring new economic growth to Western Massachusetts. The Mohegan Tribal Gaming Authority has a long-standing commitment to working with local businesses, community leaders and cultural and tourist organizations in the regions where it operates. Currently, Mohegan Sun spends nearly $500 million dollars annually on goods and services from local vendors near its Connecticut and Pennsylvania facilities. Mohegan Sun established a storefront office in Palmer more than three years ago, and has conducted outreach to thousands of area residents through its "Community Conversations" series, appearances at other community meetings, a Mohegan Sun in Palmer newsletter and social media outreach. Mohegan Sun is also far along in discussions with Palmer officials on a host community agreement – which is required under the Massachusetts casino gaming legislation.

"Our project has distinct and unique advantages with regard to location, access and infrastructure. Its rural setting on 150 acres – adjacent to other large parcels that present ancillary development possibilities – is ideal for creating the type of gaming facility that New England patrons are familiar with and have made successful over the past two decades," Etess said. "Moreover, our host community of Palmer has been welcoming, motivated and supportive. The community is excited about the jobs and economic development that Mohegan Sun will bring to the entire region."

Earlier this year Mohegan Sun reached a labor neutrality agreement with the Pioneer Valley AFL-CIO. The first of its kind for any casino developer in Western Massachusetts, the agreement recognizes the rights of employees to organize, form, join or assist labor organizations. Last year, Mohegan Sun became the first operator to sign memorandums of understanding with the Pioneer Valley Building Trades Council and Carpenters Local 108 of the New England Council of Carpenters to ensure the use of union labor on the construction of the resort gaming facility. This will create more than 1,000 union jobs during the construction of Mohegan Sun in Palmer.

About Mohegan Sun in Palmer
Mohegan Sun hopes to develop a world-class destination casino resort on a parcel of land adjacent to the Massachusetts Turnpike in Palmer. The project would feature a hotel, casino gaming and internationally-known and branded retail stores and restaurants.  A destination casino resort in Palmer is expected to create thousands of jobs – with the majority of the required workforce expected to come from Western Massachusetts. For more information on the Palmer project, please visit www.MoheganSun.com/Palmer .

About Brigade Capital Management
Brigade Capital Management, LLC is an SEC-registered investment advisor with over $12 billion in assets under management.

Laura Wareck
P: 617.646.1037 – C: 978.660.9587
[email protected]

SOURCE Mohegan Sun

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts, GM of Platform at FinancialForce.com, will discuss the value of business applications on wearable ...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
The Internet of Things is in the early stages of mainstream deployment but it promises to unlock value and rapidly transform how organizations manage, operationalize, and monetize their assets. IoT is a complex structure of hardware, sensors, applications, analytics and devices that need to be able to communicate geographically and across all functions. Once the data is collected from numerous endpoints, the challenge then becomes converting it into actionable insight.
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Treloar, President and COO of Bebaio, will explore examples of brands transforming their businesses by t...
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and analyzed? As an area of investment, how might a retail company move towards an innovation methodolo...
The Internet of Things (IoT) is about the digitization of physical assets including sensors, devices, machines, gateways, and the network. It creates possibilities for significant value creation and new revenue generating business models via data democratization and ubiquitous analytics across IoT networks. The explosion of data in all forms in IoT requires a more robust and broader lens in order to enable smarter timely actions and better outcomes. Business operations become the key driver of IoT applications and projects. Business operations, IT, and data scientists need advanced analytics t...
Contrary to mainstream media attention, the multiple possibilities of how consumer IoT will transform our everyday lives aren’t the only angle of this headline-gaining trend. There’s a huge opportunity for “industrial IoT” and “Smart Cities” to impact the world in the same capacity – especially during critical situations. For example, a community water dam that needs to release water can leverage embedded critical communications logic to alert the appropriate individuals, on the right device, as soon as they are needed to take action.
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of technology leadership, Micron's memory solutions enable the world's most innovative computing, consumer,...
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes about through a Communications Platform as a Service which allows for messaging, screen sharing, video...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevOps to advance innovation and increase agility. Specializing in designing, imple...
In his session at @ThingsExpo, Lee Williams, a producer of the first smartphones and tablets, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. He will explain how M2M controllers work through wirelessly connected remote controls; and specifically delve into a retrofit option that reverse-engineers control codes of existing conventional controller systems so they don't have to be replaced and are instantly converted to become smart, connected devices.
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
As more and more data is generated from a variety of connected devices, the need to get insights from this data and predict future behavior and trends is increasingly essential for businesses. Real-time stream processing is needed in a variety of different industries such as Manufacturing, Oil and Gas, Automobile, Finance, Online Retail, Smart Grids, and Healthcare. Azure Stream Analytics is a fully managed distributed stream computation service that provides low latency, scalable processing of streaming data in the cloud with an enterprise grade SLA. It features built-in integration with Azur...
Akana has announced the availability of the new Akana Healthcare Solution. The API-driven solution helps healthcare organizations accelerate their transition to being secure, digitally interoperable businesses. It leverages the Health Level Seven International Fast Healthcare Interoperability Resources (HL7 FHIR) standard to enable broader business use of medical data. Akana developed the Healthcare Solution in response to healthcare businesses that want to increase electronic, multi-device access to health records while reducing operating costs and complying with government regulations.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducted a live demonstration of how quickly application development can happen when the need to comply wit...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.