Friday, January 31, 2014

Mohegan Sun Reaches Agreements with Seven

Agreements with Cambridge, Chelsea, Lynn, Malden, Medford, Melrose, and Salem provide economic development, community benefits and funding for local priorities

REVERE, MA – (January 28, 2014) –Mohegan Sun and Suffolk Downs today announced the
completion of terms for agreements with seven local communities, marking another critical
step in the pursuit of a license to develop a world-class casino resort in Revere.

The agreements and agreements in principle with Cambridge, Chelsea, Lynn, Malden,
Medford, Melrose and Salem will provide significant economic and community benefits
along with local impact payments that total $3.75 million among the seven municipalities.
The agreements also ensure that small businesses in these communities will have access to
millions of dollars in annual spending by the proposed $1.3 billion development and that
residents in these communities will be given job opportunities at Mohegan Sun
Massachusetts and have access to job training programs and problem gambling services.

“We are pleased to announce these agreements, which represent an important step in our
efforts to develop an incredible destination that will benefit the entire region with the
creation of new jobs, economic development and tourism opportunities,” said Mitchell
Etess, CEO of the Mohegan Tribal Gaming Authority. “Each of these communities have been
a great neighbor to Revere and Suffolk Downs, and these agreements illustrate Mohegan
Sun Massachusetts’ commitment to work in partnership with our neighboring

Mohegan Sun Massachusetts expects to spend about $50 million annually on goods and
services from businesses located within a 15-mile radius of Revere once the resort is fully
operating. Similarly, MSM expects to create 4,000 jobs and has committed to hiring 75
percent of its workforce within the same 15-mile radius.

“Melrose is pleased to have entered into a Surrounding Community Agreement with
Mohegan Sun at Suffolk Downs,” said Melrose Mayor Robert J. Dolan. “The benefits of this
agreement with the city of Melrose, along with the clear regional benefits of employment,
purchasing, and increased revenues for municipalities, will be a much-needed boost to our
local economy. As we embark on this new era of expanded gaming in Massachusetts,
Mohegan Sun has given Melrose a seat at the table.”

Also included as part of the agreed-upon terms are strong commitments to regional
economic development and benefits – such as the cross marketing of tourist attractions and
cultural institutions in these communities, and providing local businesses with access to
vendor opportunities and Mohegan Sun’s industry leading players club points program.
Mohegan Sun has also agreed to fund approximately $1 million in additional study and
design of regional traffic solutions not related to the impacts of the proposed resort.

Mohegan Sun has a signed Surrounding Community Agreement with Chelsea, which was
unanimously approved by City Council Monday evening.

“The Suffolk Downs location is the best in Eastern Massachusetts to host a resort casino, and
with Mohegan Sun as the development and gaming partner, it’s the best option for this
region’s gaming license,” said City Manager of Chelsea Jay Ash. “This commitment to my city
and to our neighboring communities illustrates that this will be a great source of economic
activity that will benefit the entire region.”

Mohegan Sun also has terms for agreements in principle with Cambridge, Lynn, Malden,
Medford, Melrose and Salem, subject to city council approval. The agreements are the result
of comprehensive discussions over benefits to these cities to be provided by Mohegan Sun
should it be awarded a license to develop a $1.3 billion resort casino in Revere. Mohegan
Sun has also designated Boston, Saugus and Winthrop as surrounding communities and is
continuing discussions with those municipalities.

“As a gateway to the North Shore, the kind of development that Mohegan Sun is proposing
provides an amazing opportunity to transform this area,” said Leslie Gould, president and
CEO of the Lynn Area Chamber of Commerce. “Establishing partnerships within the region
is a key to all of our success.”

Mohegan Sun Massachusetts will be a $1.3 billion resort casino with two hotels and worldclass
dining, shopping and entertainment amenities on 42 of Suffolk Downs’ 52 acres in
Revere. The resort casino will feature 5,000 gaming positions, a total of 500 hotel rooms,
170,000 square feet of floor space and a 10,000 square foot spa.

“Our relationships with our surrounding communities is very important, and we appreciate
the hard work and thoughtful approach of each of these city leaders to reach these
agreements,” said Chip Tuttle, Chief Operating Officer of Suffolk Downs. “Mohegan Sun
Massachusetts will not only preserve the future of Thoroughbred racing at Suffolk Downs,
but it will create new economic and tourism opportunities for the entire region.”

Mohegan Sun and Suffolk Downs share a long-standing commitment to working with local
businesses, community leaders and cultural and tourist organizations. Currently, Mohegan
Sun spends nearly $500 million annually on goods and services from local vendors near its
Connecticut and Pennsylvania facilities.

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