In 2000, Trading Cove Associates gave complete control of the resort to the Mohegan tribe, although under the terms of the agreement TCA continued to receive a 5% dividend on the gross revenue generated by Mohegan Sun until 2014.

The casino and resort first opened on October 12, 1996. The Mohegan Tribal Gaming Authority (MTGA) hired TCA to oversee development and construction of the casino. Waterford Gaming had the other 50 percent interest in TCA. Sol Kerzner, head of Kerzner International (formerly Sun International), became involved with a 50 percent interest in TCA. The land, formerly used by United Nuclear Corporation building nuclear reactors for submarines, was decommissioned and cleaned up. In March 1994 they gained federal recognition as a sovereign people, opening the way to develop a casino. 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. proposed the idea of developing a casino with the Mohegan tribe. The development of the Mohegan Sun began in 1992 with RJH Development and LMW Investments of Connecticut, and Slavik Suites Inc. Connecticut Development and construction History įurther information: Mohegan Indians v. Īt the end of the 2018 fiscal year, Mohegan Sun's net revenue was $1.07 billion. By 2012 both the Mohegan Sun and nearby competitor Foxwoods Resort Casino (owned by the Mashantucket Pequot) were deeply in debt. The economic recession that began in 2007 took a heavy toll on receipts. It also offers wagering on jai-alai from Florida. The race book offers live horse or greyhound racing from around the U.S. The casino contains slot machines, gaming tables including poker, blackjack, craps, roulette, Caribbean stud poker, keno and baccarat. It is also where the studio of WMOS is located. It houses a 350-seat Cabaret Theatre, the 300-seat Wolf Den, and 100,000 sq ft (9,300 m 2) of meeting and function room space, including the Northeast’s largest ballroom and 130,000 sq ft (12,000 m 2) of retail shopping. It features the 12,000-seat capacity Mohegan Sun Arena, home of the Women's National Basketball Association's Connecticut Sun. It is in the foothills of southeastern Connecticut, where 60 percent of the state's tourism is concentrated. It has 364,000 square feet (33,800 square meters) of gambling space. Mohegan Sun is an American casino, owned and operated by the Mohegan Tribe on 240 acres (97 ha) of their reservation, along the banks of the Thames River in Uncasville, Connecticut.

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