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July 16, 2008

Connecticut tribes report drop in slot revenues

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Connecticut's two federally recognized tribes each reported about a 9 percent drop in slot machine revenues for the month of June.

The Mashantucket Pequot Tribal Nation, owners of the Foxwoods Resort Casino, reported $63.6 million in revenues last month. That's down from $69.8 million in June 2007.

The Mohegan Tribe, owners of the Mohegan Sun Casino, reported $67.8 million in revenues last month. That's down from $74.5 million in June 2007.

Gaming executives attributed the decline to the unstable economy and high gas prices. Both tribes have undergone or are undertaking major expansion of their casinos.

Get the Story:
Casinos: Slots slide hits hard (The Norwich Bulletin 7/16)
Slot Revenues Down At Both Casinos (The New London Day 7/16)
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