Foxwoods Resort Casino, a Connecticut property operated by the Mashantucket Pequot Tribe, reported a slot handle of $592.5 million, a 5.3 percent decline from last year. This resulted in revenue of $50.5 million, down 3.3 percent from the amount reported in August, 2011.
Scott Butera, Foxwoods’ CEO, said, “Our August results demonstrate a trend toward market stabilization as our slot revenue steadies to within a narrow range of $50 million a month.”
The casino said it turned over $12.8 million of its slots revenue to the Connecticut Special Revenue Fund. This brought the total amount paid to the state since the property opened in 1992 to more than $3.4 billion.
Ray Poirier is the longtime executive editor at GamingToday.
Contact Ray at Ray[email protected].