Tuesday, March 18, 2008

Slot Revenues Continue Decline At Both Connecticut Casinos

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Mohegan Sun's slot revenues fell 3.3% in February, according to initial reports, while Foxwoods slot revenue for February fell by 7% compared to the same month last year.

The slot handle, or the amount wagered by patrons, at Mohegan Sun's slot machines in February increased but a higher percentage of those wagers was paid out than in February 2007. The amount wagered at Foxwoods slot machines in February was less than that wagered in February 2007.

Due to the cyclical nature of gaming, comparisons with the same period in the prior year are generally more helpful than comparisons with the previous month's results.


The following are Connecticut Department of Special Revenue web pages:
Mohegan slot machine historical results from inception through February 2008:
http://www.ct.gov/dosr/lib/dosr/Mosltweb.pdf
Foxwoods slot machine historical results from inception through February 2008:
http://www.ct.gov/dosr/lib/dosr/Fosltweb.pdf