Slot win improves in Connecticut
March 16, 2016 11:19 AM
by Phil Hevener
Connecticut’s two tribal casinos posted double-digit gains in revenues from slot machine wagering in February, benefiting from a mild winter.
Mohegan Sun Casino reported February slot revenue of $48.4 million up 14.9 percent from $42.1 million in February 2015. The handle, or amount of total wagering, was $587.7 million up from $508.2 million in 2015.
Foxwoods Resort Casino reported slot revenue of $36.2 million for the month of February. The figure is up 14.7 percent compared to $31.6 million in February of 2015. Handle for the month was $441.3 million, up 15.3 percent from the $382.9 million wagered in the same month in 2015.
Better weather contributed to the February turnaround. Both were hammered by a series of snowstorms in February 2015 that saw them post declines in revenue: 4 percent at Mohegan Sun, and 19 percent at Foxwoods.
Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: PhilHevener@GamingToday.com.