Connecticut tribes report another drop in slot machine revenue


The Mohegan Sun Casino on the Mohegan Reservation in Connecticut. Photo from Facebook

Connecticut's two federally recognized tribes reported declines in their slot machine revenues for the month of February.

The Mashantucket Pequot Tribal Nation saw a whopping 19.8 percent drop, compared to a year prior. The Mohegan Tribe only saw a 4.1 percent decline.

The tribes were battered by the national economic recession in 2008 and have not fully recovered. Consumers in New England -- the traditional customer base for both tribes -- have more places to gamble and even more facilities are on the way.

In hopes of addressing the competition, state lawmakers are drafting legislation to allow the tribes to open as many as three new casinos. One location, which could be jointly operated, could be near the Massachusetts border, only miles from a commercial facility that will be operated by MGM Resorts International.

A hearing to discuss the proposal takes place tomorrow.

Get the Story:
Weather eats into casino slot revenues for February (The Norwich Bulletin 3/16)
Mohegan, Foxwoods post Feb. slots declines (The Hartford Business Journal 3/16)
Foxwoods' slot revenue plummets (The New London Day 3/16)
Mohegan Tribal Authority chief Bobby Soper ready for next challenge (The Wilkes-Barre Times-Leader 3/16)
Hearing Planned for New Conn. Casino Proposal (AP 3/16)
New England states face off in a race for casino dollars (AP 3/14)
A look at casino developments in New England (AP 3/14)
Incoming Sun leader is ready for challenges (Gatehouse Media 3/13)

Some Opinions:
Ray Hackett on Politics: Leaders flip-flop on casino issue (The Norwich Bulletin 3/15)
Three more casinos? Not so fast (The Connecticut Post 3/15)

Related Stories
Connecticut lawmakers to introduce bill for more tribal casinos (3/10)
Tribes in Connecticut look at multiple locations for new casinos (3/6)

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