{"id":16788,"date":"2021-04-12T15:41:36","date_gmt":"2021-04-12T15:41:36","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=16788"},"modified":"2026-04-23T20:26:21","modified_gmt":"2026-04-23T23:26:21","slug":"mohegan-to-reduce-debt-ebitda-by-the-end-of-year-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/mohegan-to-reduce-debt-ebitda-by-the-end-of-year-analysts-say","title":{"rendered":"Mohegan to reduce debt\/EBITDA by the end of year, analysts say"},"content":{"rendered":"\n<p>Moody\u2019s Investors Service expects Mohegan to reduce debt to EBITDA this year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.- Moody\u2019s Investors Service has reported\u00a0that <strong>Mohegan<\/strong> <strong>Tribal Gaming<\/strong> <strong>Authority<\/strong>, the company which controls casino operator Mohegan Gaming and Entertainment, will <strong>reduce its ratio of debt-to-earnings before interest, taxation, depreciation and amortisation (EBITDA)<\/strong>.<\/p>\n\n\n\n<p>According to Moody&#8217;s, the casino operator, which has recently applied for&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/mohegans-inspire-resort-deadline-extended\" rel=\"noreferrer noopener\"><em>a six-month delay to the agreed June 2022 opening date for its Incheon IR project<\/em><\/a><em>,&nbsp;<\/em>still has \u201ca high degree of financial risk\u201d.&nbsp;<\/p>\n\n\n\n<p>Analysts stated: &#8220;This risk is compounded by our expectation that&nbsp;<strong>there will be continuous ongoing operational challenges<\/strong>&nbsp;and earnings and cash flow pressure from efforts to contain the coronavirus, and that there will be a slow recovery to pre-coronavirus volume.\u201d<\/p>\n\n\n\n<p><strong>Mohegan<\/strong>\u00a0is one of the companies that have entered the\u00a0<em><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/nagasaki-seen-as-best-managed-contender-in-japan-ir-race\">request-for-proposal process for Nagasaki\u2019s integrated resort bid<\/a><\/em> in Japan.<\/p>\n\n\n\n<p>The group\u00a0<strong>has partnered with the Hong Kong-listed Oshidori International Holdings Ltd<\/strong>\u00a0to bid to become the city&#8217;s IR partner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moody\u2019s Investors Service expects Mohegan to reduce debt to EBITDA this year.<\/p>\n","protected":false},"author":176,"featured_media":16790,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Moody\u2019s Investors Service anticipates Mohegan Tribal Gaming Authority will reduce its debt-to-EBITDA ratio this year, despite ongoing financial risk stemming from operational challenges and a slow recovery from the coronavirus pandemic. The casino operator, which recently sought a delay for its Incheon IR project, is also actively pursuing an integrated resort bid in Nagasaki, Japan, in partnership with Oshidori International Holdings Ltd.","focusai_entities":"Mohegan Tribal Gaming Authority, Mohegan Gaming and Entertainment, Moody\u2019s Investors Service, Oshidori International Holdings Ltd","focusai_location":"South Korea, Japan, Incheon, Nagasaki","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Mohegan Debt Strategy","query":"What specific deleveraging strategies is Mohegan implementing to achieve the projected debt-to-EBITDA reduction, and how do these align with its capital expenditure commitments for ongoing IR projects?"},{"label":"Incheon IR Impact","query":"What are the precise financial and operational implications of the six-month delay for Mohegan's Incheon IR project, particularly concerning its projected GGR contribution and NGR targets?"}],"footnotes":""},"categories":[157,16338],"tags":[1885],"class_list":["post-16788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-mohegan"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=16788"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16788\/revisions"}],"predecessor-version":[{"id":16808,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16788\/revisions\/16808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16790"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=16788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=16788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=16788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}