Connecticut gaming figures on the rise in December

Connecticut’s tribal casinos have reported big year-on-year gains in slot-machine revenue for December.

US.- Connecticut’s casinos posted big year-over-year gains in slot-machine revenue for December. Mohegan Sun and Foxwoods Resort Casino both reported an increase in revenue according to the Department of Consumer Protection’s Gaming Division. 

Mohegan Sun reported $41.8m in slots revenue after paying out prizes, a 29.5 per cent increase year-over-year. Foxwoods Resort Casino reported $30.5m, a 42 per cent rise. 

Mohegan Sun contributed $11.7m of its December slots win to the state and Foxwoods $7.6m.

December was the second full month of online casino gaming in Connecticut, and it generated more money for the state than November. However, online sports betting revenue declined month-on-month. Online gaming sites operated by the casinos paid the state $2.9m in December, up from $2.5m in November.

Sports wagering offered by the casinos and by the Connecticut Lottery Corp generated about $930,000 for the state, down from about $1.7m the previous month. 

Foxwoods took in $68.9m in sports wagers and paid out $63.8m in winnings. Mohegan Sun collected $63.3m and paid out $59.4m. The lottery took in $11.4m in bets and paid out $10.5m. The lottery’s retail sites accepted another $6.5m in wagers and paid out $6.1m.

After deductions for canceled bets, taxes and promotions, Foxwoods’ gross sports-betting revenue in December was $3.2m. Mohegan Sun took $26m and the lottery $561,036. Each paid 13.75 per cent of their gross revenue to the state. 

In terms of gross online gaming revenue, Foxwoods generated $9.2m and Mohegan $7.1m. Each paid 18 per cent to the state.

See also: Connecticut handle reaches $54.6m in first month of sports betting