Connecticut Casino Slots Revenue Down Slightly In December

The end of the year continued on a trend of almost all of 2009 for casinos in Connecticut. Slot revenue was down at each of the casinos, although it was not as bad as the drop in some other states.

The Mashantucket Pequot Tribe and the Mohegan Tribe released figures on Friday from their casinos, and revenue dropped again in December from the same period the previous year. For casinos around the US, declines in revenue had become the norm in 2009.

Foxwoods Resort Casino and MGM Grand, which are both owned by the Mashantucket Tribe, had slot revenue drop from $44.9 million to $44.6 million. That was not bad considering the decrease that the Mohegan Tribe experienced at their casino.

Slot revenue at the Mohegan Sun dropped $6 million in December of 2009. The previous year, the casino had $63.1 million in revenue, compared to $57.1 million in December of 2009. All of the casinos in Connecticut have been tested by increased competition.

Pennsylvania lawmakers have finalized legislation that legalizes table games at casinos in the state. With the table games, these casinos will now have the ability to go after players from New York, New Jersey, and Connecticut.

The tribal casinos in Connecticut partnered up last summer on a billboard campaign along the New Jersey Turnpike. The goal was to sway AC casino customers to come North to do their gambling at Foxwoods, MGM, and Mohegan Sun.

January 15, 2010
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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