Monday, April 18, 2011

Mohegan Sun Reports Decline In March Slot Revenue, Foxwoods Posts Inrease

Feather News

Slot machine revenue at Connecticut's two Indian casinos remained about the same in March as it was during the month of March last year, despite customers cashing in on total free slot machine play of about $12 million in March.

Mohegan Sun reported slot revenue of $62.7 million in March, a decline of about 1.5 percent compared to March 2010, while Foxwoods Resort Casino reported $55.1 million in slot revenue, an increase of less than 1 percent from last year.

Among the performances held at the Mohegan Sun Arena in March were concerts by Elton John, Bon Jovi, Janet Jackson, and a concert with Stevie Nicks and Rod Stewart.

The slot machine revenues were about ten times the amount given out in free play in March. Foxwoods gave out $6.7 million and Mohegan Sun gave away about $5 million in free slot play.

Both casinos pay the state 25 percent of their slot machine revenues plus a smaller percentage of the free slot play. The total amount the casinos paid the state was slightly more than $30 million in March.