Home Entertainment CT casinos report slot revenue increases in January

CT casinos report slot revenue increases in January

Connecticut’s tribal casinos reversed their slot revenue declines in December by reporting year-over-year increases in January.

Mohegan Sun reported slot revenues of approximately $43.8 million, up from the $40.7 million recorded in January 2019. The amount slot bettors wagered last month, also known as the “handle,” was $529 million, also up from the $501.5 million reported a year earlier.

Foxwoods Resort Casino’s January slot revenue of $32.5 million was up slightly over the $31 million generated a year earlier. The handle for the month was $401.6 million, an increase   from the previous year’s $378.8 million.

Both casinos are required to pay 25% of their respective slot revenues to the state’s general fund. Last month, Mohegan Sun paid the state $10 million and Foxwoods paid $8.3 million.

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Phil Hall's writing for Westfair Communications has earned multiple awards from the Connecticut Press Club and the Connecticut Society of Professional Journalists. He is a former United Nations-based reporter for Fairchild Broadcast News and the author of 10 books (including the 2020 release "Moby Dick: The Radio Play" and the upcoming "Jesus Christ Movie Star," both published by BearManor Media). He is also the host of the SoundCloud podcast "The Online Movie Show," co-host of the WAPJ-FM talk show "Nutmeg Chatter" and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill's Congress Blog, Profit Confidential, The MReport and StockNews.com. Outside of journalism, he is also a horror movie actor - usually playing the creepy villain who gets badly killed at the end of each film.

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