The Mohegan Tribe reported a 29.5 percent drop in gaming enterprise income for the first quarter of 2017. According to the Mohegan Tribal Gaming Authority, income from operations was $49.4 million for the quarter, which ended December 31, 2016. That's a big change from the $70.1 million seen during the same time period the year prior. Gaming revenues fell 2.5 percent, the authority said. A big factor was a 6.0 percent loss in revenues from table games. Overall, the authority lost $51.6 million in the quarter. That's a big change from 2016, when the tribe saw a net gain of $31.9 million. The tribe operates the Mohegan Sun on its reservation in Connecticut and Mohegan Sun Pocono, a commercial facility in Pennsylvania. Read More on the Story:
MTGA 1Q losses attributed to table game woes (The Hartford Business Journal 2/1)
Mohegan Sun revenue, profit was down in last three months of 2016 (The New London Day 2/1)
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