Casinos' slots revenue bounced back in January
Mohegan Sun and Foxwoods Resort Casino on Friday reported year-over-year increases in January slots revenue, bouncing back from double-digit declines in December.
Mohegan Sun posted $43.8 million in slots “win,” a 7.6% increase over the $40.7 million it kept after paying out prizes in January 2019. Foxwoods kept $32.5 million, a 4.6% increase over the $31 million it kept a year earlier.
Slots “handle” — the total amount wagered — was up at both casinos, too. Mohegan Sun accepted $529 million in bets, an increase of 5.5% while Foxwoods’ handle was $401.6 million, a 6% increase.
Mohegan Sun sent nearly $11 million of its win to the state. Foxwoods contributed $8.3 million.
— Brian Hallenbeck
Stories that may interest you
Stocks fell sharply and bond prices soared for the second day in a row as fears spread that the widening virus outbreak will put the brakes on the global economy
Four prominent local nonprofits received portions of the $141,478 Neighborhood Assistance Act grants from Norwich Public Utilities Tuesday.
The whiplash came one day after the Dow fell 1,000 points on fears that coronavirus would further stymie the global economy.