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    Saturday, May 04, 2024

    Mohegan Sun's slots 'win' up 6.6 percent in August

    Mohegan Sun reported Friday that it "won," or kept, $53.9 million in slot-machine revenue after paying out prizes last month, 6.6 percent more than it kept in August 2016.

    It was the third straight month — and the fifth in the last six — in which the casino has posted a year-over-year gain in monthly slots revenue.

    Foxwoods Resort Casino reported an August slots win of $42.1 million, an increase of 0.5 percent.

    In August, Mohegan Sun's slots "handle," the total amount wagered at its 4,916 machines, was up 4.4 percent to $637.8 million. Foxwoods' $523 million handle was down 0.8 percent.

    Ray Pineault, Mohegan Sun's president and general manager, said he's been pleased with the casino's recent performance, particularly in light of additional competition from a slots parlor in Long Island, N.Y. Jake's 58 Hotel & Casino opened Feb. 27 in Islandia, a village in the town of Islip. It reached its full capacity of 1,000 slots-like video lottery terminals in June.

    Jake's posted wins of $11.4 million in June, $13.2 million in July and $14.2 million in August, according to the New York State Gaming Commission website.

    "What we've seen is that the addition of 400 hotel rooms (at Mohegan Sun, which opened the Earth Tower hotel last November) has truly been a success, a driver of business for the whole property," Pineault said. "We continue to have a fantastic entertainment calendar that's been better this year than last year."

    Mohegan Sun forwarded $13.5 million of its August slots win to the state while Foxwoods contributed $11.2 million.

    b.hallenbeck@theday.com

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