CasinoCityTimes.com

Home
Gaming Strategy
Featured Stories
News
Newsletter
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
SEARCH NEWS:
Search Our Archive of Gaming Articles 
 

Mohegan, Foxwoods Report Strong Business in January

18 February 2003

HARTFORD, Connecticut -- Despite a sluggish economy and chilly winter weather, both Mohegan Sun Casino and Foxwoods Resort Casino reported strong net slot wins in January.

Gamblers wagered a combined $1.47 billion at the state's two casinos last month, a 10 percent increase over the same period last year, the casinos said Friday.

The state treasury will receive $29.1 million from the earnings, a provision of the tribes' gaming compacts with the state.

Mohegan Sun, bolstered by an aggressive advertising campaign, pulled in $56.9 million in net slot revenues, an 18 percent increase over January 2002.

"You can see there is still growth here, and that's in a not-so-great economy," said Mitchell Etess, executive vice president of marketing for Mohegan Sun.

But the Uncasville casino was still narrowly outpaced by neighboring Foxwoods Resort Casino, which reported a net slot win of $59.5 million. That total roughly matches January 2002, when the casino reported a $59.1 net slot win.

< Gaming News