Casino Proponents insist that $1 BILLION is flowing across Massachusetts borders to Connecticut Casinos.
Does that mean no one other than Massachusetts residents is spending $$$$ ?
Connecticut casinos see revenues fall
October 18, 2014 9:00 AM by Staff & Wire ReportsConnecticut’s Indian-run casinos are reporting declines in slot machine betting and revenue in September.
Mohegan Sun said Wednesday slot machine bets totaled $569.6 million, down from $621.5 million in September 2013. The share of wagers known as revenue was $46.5 million, down from nearly $50 million a year ago.
Foxwoods Resort Casino said total slot bets were $445.8 million, down from $508.1 million. Slot revenue of $36 million was down from $44.8 million last year.
Betting and revenue have fallen steadily at the casinos due to rising competition in the Northeast and continuing weakness in consumer demand.
Mohegan Sun recently lost its second bid to operate a casino in Massachusetts and Foxwoods is in the running for a resort casino in Fall River.
http://www.gamingtoday.com/industry/article/49827-Connecticut_casinos_see_revenues_fall
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