It won't be made official until Tuesday afternoon, but Connecticut-based Mohegan Sun Tribal Authority is going to be minding the store at Resorts Casino-Hotel.
Multiple sources with direct knowledge of the deal have confirmed that Mohegan Sun’s management team will assume administration of all business functions at the nation’s oldest legal gambling den east of Nevada.
Tuesday’s announcement will end months of speculation about the short-term future of Resorts—a future that has been murky since the sudden, late-February death of the property’s co-owner and CEO, Dennis Gomes who, with investor Morris Bailey, bought the historic casino-hotel in late 2010.
Earlier this year, it was rumored that Philadelphia’s SugarHouse casino was going to take over business operations at Resorts. But last week’s announcement that singer Jimmy Buffett’s Margaritaville brand was coming to Resorts made Mohegan Sun a possible player; the company’s flagship casino is Uncasville, Conn. already boasts a Margaritaville Café.