September 13, 2018

Foxwoods’ Aug. slot revenue, handle down slightly

PHOTO | Joe Cooper
PHOTO | Joe Cooper
Foxwoods' Grand Pequot Tower.

Foxwoods Resort Casino reported a slight dip in slot revenue and wagers in August, the same month its new northern competitor, MGM Springfield, opened its doors.

For the month, the tribal casino owned by the Mashantucket Pequots on Wednesday said it netted slot revenue of $41.4 million, down 1.6 percent vs. $42.1 million in Aug. 2017.

The amount slot bettors wagered in August, known as the "handle," was $518.9 million, also down less than 1 percent from the $523 million wagered in the year-ago period.

Foxwoods said it contributed $10.6 million to the state in August.

Last month, Branford's Stony Creek Brewery opened a second brewpub at Foxwoods, becoming New England's first casino brewpub.

The brewery is among a list of new attractions Foxwoods has added in recent years to challenge new competition at MGM Springfield and casinos across the region.

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