Mohegan's Digital Revenue Soars in Q2 2026, but Net Income Dips

Mohegan's second fiscal quarter of 2026 results are in, and the company has seen a mix of gains and losses. The company’s revenue during the latest period increased slightly by 2.4% to $429 million. Mohegan Digital's revenue soared by 40.2% year-over-year, reaching $79.3 million.

Mohegan's income from operations increased by 1.3% to $60.5 million. Mohegan Digital's net income increased by 48.1% to $39.7 million. However, Mohegan's net income dipped year-over-year, halting to $14.1 million. The adjusted EBITDA for the second fiscal quarter was $85.4 million, up by 1.8% year-over-year, while adjusted EBITDAR increased by 4.0% to $94.5 million. Mohegan Digital's adjusted EBITDA increased by 47.9% to $39.7 million.

Mohegan's domestic resorts reported a slight decrease of 3.1% in their net revenues, which halted to $288.6 million. Mohegan's international resorts' net revenues halted at $66.5 million, down by less than 1% year-over-year. Mohegan reached an agreement to sell the Connecticut Sun for $300 million. Mohegan Sun reported 60% slot market share in Connecticut, setting a new record.