Newspaper says Mashantucket Pequot Tribal Nation and the Mohegan Tribe will continue to see declines in their gaming revenues:
A report that the state is once again the biggest bookie in the state when it comes to generating gambling revenue is dismal news on a few levels. The Associated Press reports that for the first time in 15 years Connecticut collected more revenue from its numerous lottery games than it received from the Mohegan Sun and Foxwoods Resort tribal-run casinos. The reduced money flowing to the state from the casinos reflects the increasing competition they face in surrounding states; a situation that promises to get only worse as Massachusetts moves ahead with plans to allow commercial casinos to open there. Regardless of one's opinion about casino gambling, the reality is that Mohegan Sun and Foxwoods are major employers for the region. As their gaming revenues decline so too will the numbers they employ.Get the Story: