Friday, January 15, 2010

Flash - Mohegan Sun Reports About 10% Decline In December Slot Revenue, Foxwoods Reports Less Than 1% Decline

Feather News

Mohegan Sun reported today that its December slot revenue fell by 9.6 percent to $57.1 million while Foxwoods reported $44.6 million, a decline of less than 1 percent compared to the previous December.

Slot revenue is the amount lost by customers at the slot machines, or the amount won by the casino, before deducting any expenses.

Both tribes pay the state of Connecticut 25 percent of their slot revenues.