Monday, June 30, 2014

Finances of Foxwoods and Mohegan Sun in Connecticut

Click to see full article - Finances of Foxwoods and Mohegan Sun in Connecticut

The Hartford Courant newspaper in Connecticut reported in June 2014 (June 16, 2014) that Mohegan Sun reported a loss of revenue from slot machines and it supports what has been an ongoing downward trend.   The revenue was reported down 5.8% from a year before.     A day later (June 17, 2014 Foxwoods reported that the slot revenues was down 9.3% from a year before.   Foxwoods also reported that the total amount wagered (called the handle) was down 2.9%

On April 15, 2014, the Hartford Current reported in a significant decline in revenue from the total amount wagered.   The total amount wagered is also called the handle.   Foxwoods handle was down 5% from the year before and Mohegan Sun's handle was down 11% from the year before.

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