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Mohegan sells Connecticut Sun WNBA team to Fertitta for $300 million. 30th March 2026 2:33 pm The Mohegan Tribal Gaming Authority has agreed to sell its Connecticut Sun WNBA team to the Tilman J. Fertitta family for $300 million, with the franchise relocating to Houston next year. Pending WNBA approval, Mohegan will receive $150 million upon closing of the transaction, with the remaining proceeds to be delivered on or before 31 December 2026. The $300 million sale is a record for an WNBA team. "Mohegan owes an enormous amount of gratitude first and foremost to our extraordinary fans cheering on the team for 23 incredible seasons," said Mohegan Tribal Council corresponding secretary Joe Soper. "This team - and what the talented women who have worn this uniform over the years have meant to Mohegan Sun, our region and the impact they've made both on and off the court, has been nothing short of remarkable. "That includes the dedication of our front office and the invaluable collaboration and support we've received from the State of Connecticut, as well as from businesses and other community partners across the region and beyond." For the upcoming 2026 WNBA season, Mohegan Sun Arena in Montville (Connecticut) will remain the Connecticut Sun's home, with two regular season games taking place in Hartford at PeoplesBank Arena and one game taking place in Boston (Massachusetts) at TD Garden in August. In 2027, the team will then officially begin its first season in Houston, Texas. "The Connecticut Sun organization understands how emotional this moment is for our fans and community," said Connecticut Sun president Jen Rizzotti. "You have made a home for this franchise for generations, and we are grateful for the passion and support that made us a cornerstone team in the WNBA. "While the league continues to grow and evolve, our commitment is to honor this legacy - and finishing this final season together with pride." The Mohegan Tribe became the first Native American Tribe to own a professional sports team with its purchase of the Orlando Miracle in January 2003, which was subsequently renamed Connecticut Sun and relocated to Uncasville, Connecticut. "The monetization of the Connecticut Sun enables Mohegan to make a step-function improvement of our capital structure," said Mohegan chief financial officer Ari Glazer. "These proceeds will fortify our balance sheet, allowing for both debt repayment and tactical investment in our premier assets. "With the improvements in free cash flow that will result from this transaction, Mohegan will accelerate its pace of deleveraging and is well positioned to prudently grow the company for years to come." Texas-born Fertitta is a prominent American billionaire businessman who currently serves as the United States Ambassador to Italy and San Marino. His empire includes Fertitta Entertainment, which owns restaurant and entertainment conglomerate Landry's Inc, eight Golden Nugget Hotels & Casinos, as well as a portfolio of luxury hotels such as The Post Oak Hotel in Houston. Fertitta also owns the NBA's Houston Rockets, and holds a 12.5 per cent stake in Wynn Resorts. Closing of the transaction is subject to the satisfaction of customary closing conditions, including receipt of required regulatory and league approvals.

Mohegan Gaming promotes Guy Greene to CMO as digital growth accelerates. Mohegan Gaming & Entertainment has named Guy Greene as Chief Marketing Officer of Mohegan Digital, positioning the company for expanded digital and iGaming growth. Mohegan Gaming & Entertainment (MGE) has announced the promotion of Guy Greene to Chief Marketing Officer of its Mohegan Digital division, underscoring the organization's renewed focus on strategic marketing and digital expansion, particularly in the lucrative gaming market. The elevation of Greene, a seasoned gaming and hospitality marketing executive, comes at a time of accelerating digital wagering and iGaming adoption, where Mohegan's online platforms are experiencing significant user engagement and revenue growth. Greene's new role and experience. In his role as CMO, Greene will lead Mohegan Digital's marketing strategy, overseeing brand positioning, customer acquisition, player engagement, and cross-channel promotions across both online sports betting and digital casino offerings. Greene brings extensive industry experience to the position. Before this promotion, he held senior leadership roles within Mohegan's marketing organization, including overseeing brand initiatives and player-focused campaigns. His background includes leadership in digital strategy, loyalty programs and data-driven marketing, all seen as key assets as Mohegan expands its digital footprint. Pennsylvania: A growth engine for Mohegan Digital. Pennsylvania has emerged as one of the nation's most competitive and highest-producing iGaming and sports betting markets, consistently ranking among the top states in both digital engagement and revenue. The Keystone State's mature regulatory environment and diverse player base make it a strategic priority for operators like Mohegan. Mohegan representatives acknowledged that Greene's promotion aligns with the company's broader vision to deepen digital market share in Pennsylvania, enhance customer experiences and expand brand loyalty across mobile platforms. With sports wagering and online casino already live and performing well in Pennsylvania, the CMO role is expected to drive growth via tailored marketing campaigns that leverage analytics, promotions and targeted engagement strategies to compete more effectively against national rivals. What this means for Mohegan's Digital future. As CMO, Greene is charged with unifying Mohegan Digital's marketing efforts across multiple channels and deepening customer engagement through: * Enhanced acquisition and retention strategies * Brand differentiation in competitive markets * Integration of loyalty and rewards across digital products * Data-driven promotion and personalization efforts These priorities mirror broader industry trends, where digital platforms are increasingly central to revenue growth for gaming companies. Furthermore, Greene's leadership reflects MGE's confidence in building internal marketing talent and in reinforcing the organization's focus on digital transformation, a theme playing out across the U.S. gaming industry as operators pivot toward mobile and immersive online player experiences. Positioning for digital momentum. The promotion of Guy Greene to Chief Marketing Officer of Mohegan Digital marks a notable moment for Mohegan Gaming & Entertainment as it looks to harness the momentum of Pennsylvania's thriving iGaming market and expand its competitive edge. With Greene at the helm of marketing strategy, Mohegan Digital is poised to refine its messaging, strengthen brand loyalty and accelerate growth in an increasingly crowded digital gaming landscape. As player preferences evolve and mobile engagement rises, the company's strategic emphasis on digital initiatives positions it to capture new audiences while deepening connections with existing players.