Foxwoods sees dip in May slot revenue
June 19, 2018 3:00 AM
by Robert Mann
Foxwoods Resort Casino is reporting slot revenue of $38.5 million for the month of May 2018. This figure is down 2.6 percent compared to $39.5 million in May of 2017. Handle for the month was $482 million, down 4.4 percent from the $504 million wagered in the same month in 2017.
The Mashantucket Pequot Tribal Nation, owner and operated of Foxwoods, has now contributed over $4 billion of Foxwoods’ slot revenue into the Connecticut state economy through the Mashantucket Pequot Fund, supporting programs and services throughout the state.
Foxwoods’ contribution to Connecticut in May 2018 is $9.9 million.
Foxwoods, along with the other major tribal operator in the state, Mohegan Sun, is bracing for competition from MGM Resorts International’s MGM Springfield set to open in August in Western Massachusetts near the Connecticut border. Although land has been cleared for a proposed new casino in East Windsor near the Connecticut/Massachusetts border, a joint venture by the two tribes, the plan is currently delayed by legal and governmental disputes.