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Connecticut casinos report slots revenue decline

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Mohegan Sun and Foxwoods Resort Casino reported a 5.5% decline in revenue.

Connecticut casinos Mohegan Sun and Foxwoods suffered a setback in slot revenue during September operations of approximately 5.5%.

US.- Connecticut casinos once again posted a revenue decline in their slots operations. In September, Mohegan Sun and Foxwoods Resort Casino reported a 5.5% decline in revenue, as handle also fell 10.8% and 1.8% respectively.

Mohegan Gaming & Entertainment (MGE) said that its slots revenue in September was US$44.6 million, which is approximately US$2.6 million less than the US$47.2 million registered during the same period last year. Handle at the facility totalled US$522.1 million, although it represents a 10.8% decrease from September 2018.

Mashantucket Pequot Tribal Nation’s Foxwoods registered US$35.9 million in revenue, down from the US$38 million in 2018. Handle for September was US$461.9 million, down 1.8% from September 2018.

Moreover, Mohegan contributed US$11.1 million to Connecticut’s coffers, while Foxwoods sent US$9.4 million to the state in September.

August results

Connecticut tribal casinos posted less in slot revenues than a year before in August. However, it was less worrying than July’s reported decline.

MGE posted a 6.3% dip, as slot revenues dropped to US$50 million, while handle fell 3.8%  to US$611 million. The Mashantucket Pequot Tribal Nation posted a 4.8% dip. Slot revenues at the venue reached US$39.5 million and its handle US$518.9 million, down 5.2%.

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