October 23, 2009

Foxwoods and Mohegan Sun Take Hit As Fewer People Play the Slots

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Yep - they're still down on revenues as fewer people play the slots. I think this is to be expected for at least the next 6-12 months, but since I'm headed to the woods tonight I'll see what I can do to help their revenue.

Slot revenues continued to tumble at the two Connecticut casinos as gamblers spent fewer dollars on the one-armed bandits last month.

Foxwoods Resort Casino and MGM Grand reported that slot revenues in September fell by nearly 3 percent to $54.8 million, down from $56.4 million a year ago, the sixth consecutive month of year-over-year declines.

Mohegan Sun saw slot returns slip to $59.4 million last month compared to $67 million one year ago, an 11 percent dip and the 16th consecutive month of declines.

Via BostonHerald.com

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Posted by Jay Brewer at October 23, 2009 8:39 AM
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