Conn. Casinos Report Decline in Revenue

By Nicole Siberry
|  Tuesday, Oct 15, 2013  |  Updated 7:44 PM EDT
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Conn. Casinos Report Decline in Revenue

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Numbers show that slot revenue slipped last month at both Mohegan Sun and Foxwoods Resort Casino.

Mohegan Sun, located in Uncasville, reported its September revenue to be $49.9 million, representing a $4.8 million decline.

Total wagering at Mohegan Sun was also down $49 million since this time last year, representing a decline of 7 percent.

Foxwoods in Mashantucket reported a revenue of $44.8 million in September, down $1.5 million from its 2012 numbers.

Total wagering at Foxwoods came out to $508.1 million, also 7 percent decrease.

Pressure from competing casinos around the Northeast, particularly in New York, and a weakened economy have reduced spending at both Mohegan Sun and Foxwoods Resort Casino.

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