Thursday, September 17, 2009

Mohegan Sun's 11% Decline In August Slot Revenue Is On Top Of Last August's 7% Drop Over August 2007

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The Mohegan Sun reported earlier this week that its August slot revenue declined by 11 percent when compared to August 2008.

Last August, in August 2008, the Mohegan Sun reported a 7 percent decline in its slot revenues when compared to August 2007 even though the Casino of the Wind opened at the end of last August on the day before Labor Day weekend. The Saturday and Sunday of Labor Day weekend landed in August last year while it was in September this year and also landed in September in the year 2007.

The Mohegan Sun's total slot revenue for the last 12 months, through July 2009 and before August's numbers are calculated, had dropped by 8.8 percent over the previous year.