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Connecticut tribes report flat or declining slot machine revenues

Tuesday, June 16, 2015

The Mohegan Sun Casino in Uncasville, Connecticut. Photo from Facebook

Connecticut's two federally-recognized tribes reported flat or declining slot machine revenues for the month of May 2015.

The Mashantucket Pequot Tribal Nation saw revenue of $43.2 million in slot revenue at the Foxwoods Resort Casino. That was down about $500,000, or 1.2 percent, from May of last year.

The Mohegan Tribe saw $51.7 million in slot revenue at the Mohegan Sun. That was nearly the same from a year prior.

The New England Casino Race: Tribal and commercial gaming facilities in Connecticut, Massachusetts and Rhode Island

The two tribes have seen declining revenues since the national economic recession in 2008. They are fearing additional losses due to commercial casinos in neighboring Massachusetts and New York.

To address the competition, the tribes are proposing one more casino, most likely near the Massachusetts border. Gov. Dannel Malloy (D) has said he will sign Senate Bill 1090 into law.

Get the Story:
Slot Revenues In May Flat At Mohegan Sun, Down At Foxwoods (The Hartford Courant 6/16)
Slots revenues nearly stable in May (The New London Day 6/16)
Keno gets a second chance in CT (The Hartford Business Journal 6/15)