Mohegan tribe and Mashantucket Pequot Tribe report declining revenue

18-01-2010

Two Connecticut casinos have reported another decline in their slots revenues, as they dropped in December in comparison to the same period a year earlier. The Foxwoods Resort Casino and MGM Grand, both operated by the Mashantucket Pequot Tribe, revealed last Friday that the slot machines revenue in December was $44.6 million, while December 2008 showed a $44.9 million revenue.

Mohegan tribe

The Mohegan tribe, which operates the Mohegan Sun, reported a considerable decline, as revenue in December was $57.1 million in comparison to $63.1 million in the same month in 2008. 25% of their slot machines revenues flows to the state monthly under the tripes’ gaming compacts. The Mohegan tribe paid the state $14.3 million, while the Mashantucket Pequot Tribe gave $11.3 million for December.