Oct 27, 2016 Newsdesk Industry Talk, Latest News, World  
U.S.-based Mohegan Tribal Gaming Authority – an operator of tribal casinos in the United States also known as Mohegan Sun – has hired Robert Rubenstein (pictured) as its new senior vice president and general counsel.
Mr Rubenstein was until January senior vice president and general counsel of Macau-based casino operator Sands China Ltd.
He had also served concurrently as senior vice president and global deputy general counsel for the parent of Sands China, U.S.-based Las Vegas Sands Corp. Mr Rubenstein spent a total of nine years with the Las Vegas Sands group.
“Mr Rubenstein brings extensive experience working on complex development and operations matters across the globe,” Mohegan Sun said in a Tuesday press release.
The firm added: “In his new role as senior vice president and general counsel, Mr Rubenstein is part of the executive management team and is responsible for directing all facets of the Mohegan Tribal Gaming Authority’s legal department.”
Mohegan Sun is looking to expand its operations into Asia. Earlier this year, a consortium led by the firm was awarded a casino licence by the South Korean government, as part of an integrated resort licence bidding process initiated in 2015. The winning consortium includes two other partners: South Korean chemicals manufacturer KCC Corp; and Incheon International Airport Corp, the operator of the airport.
The first phase of the South Korean project has an estimated budget of US$1.6 billion, with a total commitment of US$5 billion over multiple phases, according to Mohegan Sun. The new property is expected to break ground in 2017, Bobby Soper, president of Mohegan Sun, told GGRAsia in February.
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Fitch Ratings Inc has affirmed the long-term issuer default rating of casino operator Genting Malaysia Bhd at ‘BBB’, an investment grade, according to a memo published on Wednesday. The ratings...(Click here for more)
”Genting Malaysia’s revenue rebound has been slower than our expectations, and the impact on leverage has been compounded by Empire’s weak metrics”
Akash Gupta, Shiv Kapoor and Hasira De Silva
Analysts at Fitch Ratings