Casino slot machine revenues rebound

Slot machine revenues generated at Connecticut’s two tribal casinos continue to rebound as Mohegan Sun and Foxwoods Resort Casino report seeing an influx of visitors over the summer as COVID-19 restrictions have eased.

Both destinations closed for more than three months during the height of the pandemic.

Mohegan Sun, owned by the Mohegan Tribe, generated $49.9 million in slot-machine revenues in July after paying out winnings. That’s a 5% increase from July 2020 and the most money the casino has retained since August 2019, according to The Day of New London.

Foxwoods, which is owned by the Mashantucket Pequot Tribal Nation, kept $36.5 million in July, marking a 19.6% increase from the more than $30.5 million in generated in July of 2020. It’s the casino’s highest amount since November 2019.

Jason Guyot, the Foxwoods CEO, said slot revenues at Foxwoods increased by $7.1 million from June to July.

Mohegan Sun has also rolled out more promotions and entertainment over the summer, said Jeff Hamilton, the resort casino’s president and CEO, in a statement. He said concerts at the Mohegan Sun arena, including a sold-out July 29 show featuring country music group Lady A, has helped to drive traffic.

The casinos, which do not report revenue generated from table games, provide the state of Connecticut 25% of their slot machine revenues. In July, Mohegan sent the state nearly $12.5 million while Foxwoods provided $9.1 million.