Mohegan Sun and Foxwoods' slot revenue continues upward trend in November
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Connecticut reported Thursday its November slot revenue and state contributions, showing that Mohegan Sun kept $40.7 million in slot-machine revenue and Foxwoods Resort Casino saw $28.2 million. It was the first entire month with full sports betting and iGaming operations for both tribal casinos.
The year-over-year comparison leaves Mohegan Sun with a 42.9% increase ($28.5 million in 2020), and Foxwoods up 29.3% ($21.8 million). Back then, COVID-19 was surging and the start of vaccinations was a month away.
Mohegan Sun’s president and general manager, Jeff Hamilton, spoke Wednesday and said he is pleased with his casino’s November performance but noted slots revenue was down 11% from pre-pandemic numbers in comparison to November 2019, when it kept $45.8 million. “We’re not all the way back, but we’re in a much better place”, he stated.
In terms of state contribution, Mohegan’s number accounted for $10.2 million of its November slots win, while Foxwoods' contribution came to $7 million.
For October 2021, Mohegan Sun reported a rise in slot-machine revenue of up to 23.6% in a year-over-year comparison, keeping $44.3 million. For Foxwoods Resort Casino, slot-machine revenue was up 21.5%, keeping $31.7 million.
Mohegan Sun contributed $11.1 million of its October slots revenue to the state, while Foxwoods contributed $7.9 million.
The casinos introduced on-site sports betting in temporary spaces on September 30 and launched online sports betting and online gaming in October. Hamilton said there has been some indication that the availability of sports betting has led some patrons to extend their stays and table-games play.
Foxwoods opened a permanent DraftKings sportsbook last month. It held its official grand opening last week with a ribbon-cutting ceremony including former Boston Celtic Kendrick Perkins, who placed the sportsbook’s first bet. Mohegan Sun plans to open its own some time before February’s Super Bowl, according to recent confirmations.
The first two weeks of sports betting in the state brought in $1.7 million in revenue, as Governor Ned Lamont announced. The numbers amounted up to October 31, limited to less than a month. Online casino gambling brought in $1.2 million and sports betting raised about $513,000.
