Saturday, March 14, 2009

Mohegan Sun's February Slot Revenue Falls 8.9% While Foxwoods Increases 1%

Feather News
March 14, 2009

Mohegan Sun reported yesterday that its February slot machine revenue was down 8.9 percent compared to last February while Foxwoods reported a 1 percent increase in its February slot revenue.

Mohegan reported $62.8 million in February slot machine revenue while Foxwoods reported $58 million. The slot revenue reflects the total amount patrons fed into the machines less the payouts. In other words, it is the amount of money the casinos retained. The two tribes must pay 25 percent of their slot revenue to the state of Connecticut.

Mohegan Sun had about 6,800 operational slot machines in February while Foxwoods had about 8,000 slot machines.