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Mohegan confirms departure of Madigan as COO

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Mohegan Tribal Gaming Authority announced Jody Madigan’s resignation from the position of chief operating officer. Joseph Hasson has been appointed to replace him in an interim capacity.

Madigan is set to officially leave his position as Mohegan’s COO at the end of August. He will also take a leave before leaving. Madigan served as COO for over two-and-a-half years after joining the company in August of 2021.

Madigan has held senior positions in casinos and other related businesses. He was the general manager of Mohegan’s Paragon Casino Resort for more than three years.

Hasson is appointed interim COO until a permanent successor can be found. He will continue to serve as the general manager at Virgin Hotels Las Vegas’ Mohegan casino.

Hasson is an experienced professional in the industry. He was previously COO at Station Casinos, Red Rock Resorts. Hasson was previously the senior vice president of Station Casinos’ operations and general manager at Graton Resort & Casino.

Hasson, as interim COO of Mohegan, will be reporting to Ray Pineault CEO and President.

Pineault stated that Joseph’s understanding of gaming and the hospitality industry made him uniquely qualified to maintain high standards in service excellence and operation excellence.

We are confident that Joe’s experience will provide continuity to our guest service and operations.

Mohegan has made more senior staff changes

Madigan’s departure is just the latest in a series of changes to Mohegan’s senior management.

Ari Glazer was appointed as Mohegan’s new Chief Financial Officer on 1 May. Carol Anderson’s departure, confirmed last October, was replaced by Ari Glazer.

Glazer has joined Mohegan following more than two decades with Citigroup, an investment bank. He was most recently the managing director of global gaming and hospitality coverage.

Glazer will join Pineault at the beginning of May.

The two changes follow a 2023 record for Mohegan in which the revenue reached a new high of 1,67 billion dollars (PS1.34m/EUR1.56m).

The adjusted EBITDA reached $399.9m which is the second highest ever in Mohegan’s history, only slightly below the record of $403.9m set in 2022.

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