MOHEGAN TRIBAL GAMING AUTHORITY TO SPEAK AT THE LEHMAN BROTHERS 2008 HIGH YIELD BOND AND SYNDICATED LOAN CONFERENCE ON MARCH 12, 2008
Uncasville, Connecticut, March 10, 2008 – Peter J. Roberti, Vice President of Finance of the Mohegan Tribal Gaming Authority (the “Authority”), and William Quidgeon Jr., Treasurer of the Mohegan Tribe of Indians of Connecticut (the “Tribe”), will speak on behalf of the Authority and the Tribe at the Lehman Brothers 2008 High Yield Bond and Syndicated Loan Conference to be held at the Disney Yacht & Beach Club in Lake Buena Vista, Florida on Wednesday, March 12, 2008. A copy of the presentation may be found at www.mtga.com on March 12th, under “Investor Relations/Online Presentations.”
The Authority is an instrumentality of the Tribe, a federally recognized Indian tribe with an approximately 507-acre reservation situated in southeastern Connecticut, adjacent to Uncasville, Connecticut. The Authority has been granted the exclusive power to conduct and regulate gaming activities on the existing reservation of the Tribe, including the operation of Mohegan Sun, a gaming and entertainment complex that is situated on a 185-acre site on the Tribe’s reservation and, through its subsidiary, Downs Racing, L.P., owns and operates Mohegan Sun at Pocono Downs, a gaming and entertainment facility offering slot machines and harness racing in Plains Township, Pennsylvania and several off-track wagering facilities located elsewhere in Pennsylvania. The Tribe’s gaming operation at Mohegan Sun is one of only two legally authorized gaming operations in New England offering traditional slot machines and table games. Mohegan Sun currently operates in an approximately 3.0 million square foot facility, which includes the Casino of the Earth, Casino of the Sky, The Shops at Mohegan Sun, a 10,000-seat Mohegan Sun Arena, a 350-seat Cabaret Theatre, 100,000 square feet of meeting and convention space and the approximately 1,200-room luxury Sky Hotel Tower. Mohegan Sun is currently in the midst of Project Horizon – an expansion project that is to include a new hotel, additional retail and restaurant space, and a new 64,000-square-foot “Casino of the Wind.” In addition, Project Horizon expanded Mohegan Sun’s Asian gaming experience in the Casino of the Earth with the August 2007 opening of Sunrise Square. Mohegan Sun at Pocono Downs is currently in the midst of Project Sunrise, which is being developed on land adjacent to the existing gaming facility. When completed, the combined facility is anticipated to include approximately 2,500 slot machines, three fine dining restaurants, a 300-seat buffet, a quick-serve dining area, 7,000 square feet of retail shopping, two nightlife venues and additional parking and bus amenities. More information about the Authority and its properties can be obtained by visiting www.mtga.com.
Press Release Mohegan Tribal Gaming Authority, Uncasville, Connecticut, March 10, 2008
Jeffrey E. Hartmann
Chief Operating Officer
Mohegan Tribal Gaming Authority