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January 17, 2016

Foxwoods, Mohegan Sun divergent in slot revenues

Foxwoods and Mohegan Sun are showing diverse experiences when it comes to slot machine revenue. Both showed overall increases in total slot play.

Foxwoods Resort Casino has reported slot revenue of $37.7 million for the month of December 2015. This figure is up 4.1 percent compared to $36.2 million in December of 2014. Its handle, the total bet on slots, for the month was $466 million, up 4.4 percent from the $446.3 million wagered in the same month in 2014.

More money was wagered at Mohegan Sun than a year ago, but the casino's slots profits were also down. Mohegan Sun reported a 3.6 percent decline in December slots revenue of $47.2 million, down about $1.8 million from December 2014. Its handle of $606.4 million was up $5.8 million compared to a year ago.

MMCT Venture, the company formed by the Mashantucket Pequot and Mohegan tribes to potentially build a third Connecticut casino, said it will postpone its decision on which town will host the casino.

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