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Mohegan Slot Machines Performing Well Again

It seems that the Mohegan Sun’s slot machines have taken a turn for the better and they are performing better than last year. Unfortunately for Foxwoods, they did not perform as well. The Mohegan and Foxwoods had slow months for June, but the Mohegan has rebounded where Foxwoods has not.

In fact, Mohegan turned their profits around from the decline that they had the month before to an increase of 5.6% over the previous year’s month. The slot machine casino had an increase of $4.7 million over same time last year. From their 5,902 slot machines, the casino took in a total of $88.9 million.

Meanwhile, Foxwoods reported another decrease for July, over last year’s figures. They showed a 1.3% drop from same time last year, for a total decrease of $960,000. They brought in total slot machine revenues of $75.2 million, which just adds to the slightly declining revenues that the casino has been showing over the past three years.

The casino thinks some of the decrease has to do with the construction on the major highway that people take to get to the slot machine casino, as they say it is making it more difficult for patrons to come to their casino. There is also more competition than there used to be, and this will contribute to a decline in slot machine revenue as well. With July being the best month of the year, traditionally, for the slot machine casinos, this does not bode well for Foxwoods.
 

 

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