Kostrzewa - Slots slump in Conn. as Mass races to license gambling
Published: October 17, 2013
By John KostrzewaJohn KostrzewaProvidence Journal
Published: October 17 2013
While Massachusetts races to award licenses for one slots license and three resort casinos to draw gamblers back from Twin River, in Lincoln, and the Indian casinos in Connecticut, new data shows that Mohegan Sun and Foxwoods continue to slump.
At Mohegan Sun, the amount collected in the slots machines after paying out prizes was $49.9 million in September, off 8.8 percent from September 2012.
Foxwoods Resort Casino, including MGM Grand at Foxwoods, reported a "win" of $44.8 million, a 3.2 percent decline.
Despite the drop off, Foxwoods contributed $11.2 million to the state in September and Mohegan Sun contributed $12.7 million.
For the fiscal year that ended Sept. 30, Mohegan Sun collected $618.7 million in its machines, after payouts, down 8.4 percent from the prior year.
Foxwoods collected a "win" of $537.1 million, down 9.8 percent from the year before.
The figures from both casinos include only the slots revenues because they do not publicly report the take from their table games.
The Massachusetts Gaming Commission plans to award licenses for a single slots parlor in December or January and for three resort casinos as early as next spring.
At Mohegan Sun, the amount collected in the slots machines after paying out prizes was $49.9 million in September, off 8.8 percent from September 2012.
Foxwoods Resort Casino, including MGM Grand at Foxwoods, reported a "win" of $44.8 million, a 3.2 percent decline.
Despite the drop off, Foxwoods contributed $11.2 million to the state in September and Mohegan Sun contributed $12.7 million.
For the fiscal year that ended Sept. 30, Mohegan Sun collected $618.7 million in its machines, after payouts, down 8.4 percent from the prior year.
Foxwoods collected a "win" of $537.1 million, down 9.8 percent from the year before.
The figures from both casinos include only the slots revenues because they do not publicly report the take from their table games.
The Massachusetts Gaming Commission plans to award licenses for a single slots parlor in December or January and for three resort casinos as early as next spring.
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