Connecticut tribes report declines in slot machine revenues

Tuesday, May 15, 2012  

Connecticut's two federally recognized tribes reported declines in slot machine revenue for the month of April.

The Mashantucket Pequot Tribal Nation reported a 13.4 percent drop in slot machine win, compared to a year earlier. The Mohegan Tribe saw a 10.9 percent decline.

"We experienced a decline on revenues in April 2012 compared with the same month last year, which had the benefit of an additional Friday and Saturday," Foxwoods' CEO Scott C. Butera said in a press release. "Similar to other retail and consumer based companies, the softness in April revenues comes on the heels of a fairly robust first quarter, so we remain cautiously optimistic about upcoming periods."

Get the Story:
Foxwoods, Mohegan Sun April slots down by double-digit percentages (The Norwich Bulletin 5/15)