Mohegan, a prominent player in the casino industry, has joined forces with developer Soloviev Group to submit a bid for one of the highly sought-after downtown casino licenses in New York City. This strategic collaboration aims to capitalize on Mohegan’s expertise in the field and aligning values, enhancing their bid for a casino at Freedom Plaza. The Mohegan Tribe of Indians of Connecticut, recognized for its Mohegan Sun casino, is set to oversee the gaming operations of the proposed establishment.
A Strong Alliance for Casino Excellence:
Soloviev Group’s announcement of Mohegan’s participation in their casino venture at Freedom Plaza signifies the merging of strengths. The collaboration leverages Mohegan’s extensive experience, values, long-term vision, and cultural resonance, which align seamlessly with Soloviev Group’s objectives. This partnership is strategically designed to offer a distinctive edge in the competitive race for a coveted gaming license in the heart of New York City.
Holistic Vision for Freedom Plaza:
The ambitious casino development project at Freedom Plaza envisions a holistic experience that extends beyond gambling. Soloviev Group’s plans include a substantial green area, a performance venue, a Ferris Wheel, a top-tier hotel with over 1,000 rooms, and two residential towers aimed at alleviating the city’s housing shortage. Notably, the project also includes the world’s first museum dedicated to celebrating freedom and democracy, adding a unique dimension to the proposed establishment.
New York State Gaming Commission’s Opportunity:
The New York State Gaming Commission’s Request for Applications has opened doors for the development and operation of up to three casinos in downtown areas. Soloviev Group’s partnership with Mohegan positions them as contenders for the coveted gaming licenses, strategically aligning their efforts with the evolving landscape of casino gaming in the region.
Shared Values and Commitment:
Ray Pineault, CEO and President of Mohegan, emphasizes that the collaboration is rooted in Mohegan’s cultural heritage, values, and dedication to the community. This partnership extends Mohegan’s guiding philosophy, known as the “Spirit of Aquai,” to New York State. Mohegan’s commitment to exceptional experiences, community engagement, and responsible business practices are set to resonate within the proposed establishment.
Ethical Development and Long-Term Prosperity:
Stefan Soloviev, Chairman of Soloviev Group, underscores the commitment to ethical and sustainable development. The partnership aims to not only create an ethically developed Freedom Plaza but also contribute to the local community’s economic growth. This collaboration is poised to leave a positive impact on regional and international tourism, ensuring a lasting legacy that benefits New York City for generations to come.
The partnership between Mohegan and Soloviev Group marks a significant milestone in the casino industry’s evolution within New York City. The combined strengths, shared values, and holistic vision for Freedom Plaza’s casino project create a compelling narrative of innovation, community engagement, and responsible development. As the bidding process continues, the strategic alliance is poised to redefine gaming experiences while leaving an indelible mark on the city’s landscape.