Mohegan sees Q3 revenue increase by 206.1%
| By Marese O'Hagan
Mohegan Gaming and Entertainment has reported a revenue increase of 206.1% year-on-year in its results for the third quarter of 2021, ended 30 June.
Net revenue for the quarter totaled at $328.1m (£237.1m/280.1m), substantially more than the $107.1m in revenue posted in its Q3 2020 results, which were affected by the novel coronavirus (Covid-19) pandemic.
Gaming made up $241.2m of the total revenue, a rise of 169.9% compared to Q3 2020. Retail, entertainment and other generated the second most revenue, at $43.8m, an increase of 259.0%. The remaining amount was generated by food and beverages and hotels.
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