Indianz.Com > Indian Gaming

Mohegan Tribe reports slight drop in earnings

Friday, May 6, 2005

The Mohegan Tribe of Connecticut reported a slight drop in casino earnings and an increase in operating expenses during the second quarter of 2005.

The tribe's core earnings were $80.4 million, a drop of 7.2 percent from the same quarter last year. Casino executives blamed the drop on a stormy winter and increased spending on advertising and promotions, The New London Day reported

The tribe's table games, though, saw a 4.8 percent increase to $81 million. The tribe's recent acquisition of a racetrack in Pennsylvania brought in $5.6 million.

Get the Story:
Cloudy Winter Dims Mohegan Sun (The New London Day 5/6)
pwday