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Connecticut's Casinos Report Weak Revenue, Bets In May

wikipedia.org

Connecticut's two tribal casinos reported flat or declining slot machine revenue and reduced slot machine bets in May. The state’s two casinos continue a long-running slide in revenue as gamblers seek numerous alternatives in the Northeast.Foxwoods Resort Casino reported slot machine revenue of $43.2 million, down by about $500,000, or 1.2 percent from last May.

Slot machine bets of $532 million declined 1.8 percent from May 2014.

The Mohegan Tribal Gaming Authority, which operates the Mohegan Sun, reported slot revenue of $51.7 million, up a scant $17,000 from May 2014, or essentially flat. Slot machine bets of $622 million were down $10 million from last May.

Connecticut Governor Dannel Malloy is considering signinga bill that would create a process to open another casino to compete with the growing number of out-of-state sites.

Information from The Associated Press was used in this report.

Jim is WAMC’s Associate News Director and hosts WAMC's flagship news programs: Midday Magazine, Northeast Report and Northeast Report Late Edition. Email: jlevulis@wamc.org
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