Mohegan Sun investing $15 million in new lounge, other improvements

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The Day

Casinos’ slots revenue took hit from January storms

Bad weather in January was blamed for a year-over-year dip in slot-machine revenues at the casinos. Foxwoods Resort Casino announced Friday it "won," or kept, $25.3 million in slots revenue last month after paying out prizes, a decrease of 9.6% over the $28 million it kept the same month a year earlier. Mohegan Sun reported this week it kept $35.6…

Finance ・ 17 February 2024

The Day

Foxwoods posts healthy increase in December slots revenue

Foxwoods Resort Casino's slot-machine revenue in December was up 9% over the same month the previous year, a performance its top executive attributed to recent upgrades of the property and aggressive marketing. The Mashantucket Pequot-owned casino "won," or kept, $32.6 million after paying out prizes. Jason Guyot, Foxwoods' president and chief…

Finance ・ 18 January 2024

The Day

Casinos’ slots revenue holding (almost) steady since advent of online gaming

With Connecticut's introduction of online gaming approaching the two-year mark, industry analysts are considering the new form of gambling's effect on traffic at Foxwoods Resort Casino and Mohegan Sun. Are gamblers hunkering down at home or elsewhere, content to wager on their computers and hand-held devices? Or, as gaming-expansion proponents…

Industry ・ 07 August 2023

The Day

In a year, casinos’ online gaming revenue increased by 57%

Gamblers have increasingly taken to the casinos' online gaming sites in their first year of operation, year-over-year revenue comparisons for November show. Last month's numbers, posted this week by the state Department of Consumer Protection's Gaming Division, afford the first year-over-year comparison of a full month's results. Online casino…

Finance ・ 17 December 2022

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The Day

Mohegan Sun bringing another ‘immersive’ restaurant to casino

Mohegan - In the latest addition to its dining options, Mohegan Sun announced Thursday it plans to open Beauty & Essex, another restaurant from Tao Group Hospitality, the global entertainment brand that introduced the Asian-themed Tao to the casino in 2021. The new restaurant will open next fall in space now occupied by a food court in the Casino…

Travel ・ 18 November 2022

The Day

Casinos weather dip in October slots revenue

Balmy weather could have had something to do with a year-over-year decline in southeastern Connecticut casinos' slots revenue last month, Mohegan Sun's top executive said Wednesday. Mohegan Sun reported it "won," or kept, $41.3 million in slots revenue in October, down 6.8% over the $44.3 million it kept the same month the previous year. Foxwoods…

Finance ・ 17 November 2022

The Day

New Mohegan Sun campaign seeks to convey 'feel' of the casino

Mohegan - It's hardly a secret that Mohegan Sun offers a lot more than slot machines and table games. Restaurants, shops, concerts, a golf course and spas have long been on the casino's menu, too. But what does it feel like when you're there? That's the question "All in for Mohegan," the casino's latest marketing campaign, seeks to answer. Launched…

Covid ・ 12 July 2022

The Hartford Courant

CT’s two casinos generate $175M million in online and sports gambling revenue

Online betting and sports wagers have added a nearly one-third premium to slot revenue generated by Foxwoods Resort and the Mohegan Sun casinos since expanded gambling was established in Connecticut last year, cheering tribal officials who fought to bolster their gambling enterprises. The revenue is a needed boost for the casinos that are…

Sports ・ 18 June 2022

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Connecticut

The Day

Casinos, state post April gaming revenues

Foxwoods Resort Casino and Mohegan Sun this week reported year-over-year declines in their April slot-machine revenues. Foxwoods "won," or kept, $29.7 million after paying out prizes last month, 4.5% less than the $31.1 million it kept the same month a year ago. Mohegan Sun kept $42.7 million last month, down 3.5% from the $44.2 million it kept in…

Finance ・ 18 May 2022

Yogonet

Mohegan Sun Las Vegas and MGE Digital boost 28% growth for the parent company's revenues

Mohegan Gaming & Entertainment (MGE), on Thursday posted overall net revenues of $358.5 million in its second fiscal quarter ended March 31, a year-over-year increase of 28.7% , and adjusted EBITDA of $86.7 million, an increase of 7.4%. These improvements were due to "strong performance" at the company's owned properties and the addition of Mohegan…

Finance ・ 13 May 2022

Yogonet

Connecticut casinos report slight slots revenue growth in March amid renovations at both venues

Connecticut's Mohegan Sun and Foxwoods Resorts Casino reported their numbers for March 2022, resulting in a modest increase year-over-year in slot-machine revenue. Mohegan Sun reported it kept $44.7 million in slots revenue, a 2.8% increase over the $43.4 million it kept the same month the previous year. Foxwoods kept $30.4 million last month, a…

Finance ・ 20 April 2022

The Day

Casinos' up-and-down slots revenue comparisons were up in February

Casino slot-machine revenues were up in February compared to the same month a year ago, data released Tuesday show. Mohegan Sun reported it "won," or kept, $40.4 million in slots revenue after paying out prizes, a 23.3% increase over the $32.7 million it kept in February 2021. Foxwoods Resort Casino's numbers, posted on the website of the state…

Finance ・ 15 March 2022

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The Day

State's share of online gaming revenue reached new high in January

Revenue generated for the state by online casino gaming continued its upward trend last month, reaching $3.4 million. The new form of gaming, approved along with online and retail sports betting last year by the legislature and introduced in mid-October, had resulted in payments to the state of $2.5 million in November and $2.9 million in…

Finance ・ 28 October 2022

The Day

Casino revenue from slot machines, online gaming was up in December

Southeastern Connecticut's casinos posted big year-over-year gains in slot-machine revenue in December, largely a reflection of the COVID-19 restrictions that were in place a year ago. Mohegan Sun reported Monday that it kept $41.8 million in slots "win" after paying out prizes last month, a 29.5% increase over the $32.2 million it kept the same…

Finance ・ 18 January 2022

Yogonet

October brings a rise in revenues for Connecticut's Mohegan Sun and Foxwoods casinos

The return to normal in the southeastern Connecticut casino business and the new sports betting market have made an impact in the area's casinos. 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%,…

Finance ・ 04 January 2022

Yogonet

Mohegan Sun and Foxwoods' slot revenue continues upward trend in November

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…

Finance ・ 17 December 2021

The Day

Casinos report November slots revenue, state contributions

Mohegan Sun kept $40.7 million in slot-machine revenue last month, while Foxwoods Resort Casino kept $28.2 million. For both casinos, the November "wins" were well up over the same month a year ago, when Mohegan Sun kept $28.5 million and Foxwoods kept $21.8 million. Mohegan Sun was up 42.9% while Foxwoods was up 29.3%. In November 2020, COVID-19…

Finance ・ 16 December 2021

Yogonet

Connecticut casino win, online wagering soft launch see positive numbers

he two southeastern Connecticut casinos posted their year-over-year stats report showing increases in slot machine revenue on Friday. Mohegan Sun reported it kept $43.4 million after paying out prizes last month, a 7.8% increase over the $40.2 million it saw in September 2020. Foxwoods Resort Casino got $31 million, up 12.1% in a year-over-year…

Sports ・ 18 October 2021

The Day

Casinos post year-over-year increases in September slots revenue

Both of southeastern Connecticut's casinos posted healthy year-over-year increases in slot-machine revenue Friday. Mohegan Sun reported it "won," or kept, $43.4 million after paying out prizes last month, a 7.8% increase over the $40.2 million it kept in September 2020. Foxwoods Resort Casino kept $31 million last month, up 12.1% over the $27.6…

Finance ・ 15 October 2021

Norwich Bulletin

Mohegan Sun's future is expanding and diversifying from gambling

UNCASVILLE - As his casino's 25th anniversary approached, Mohegan Sun President and CEO Jeff Hamilton said he's looking to the future. "It's very different from a facilities standpoint 25 years ago, and I expect it in the next 25 years to be very different from today," Hamilton said. Those next 25 years are expected to include expansion of the…

Travel ・ 07 October 2021

Patch

Connecticut Casinos See Rebound In Slot Machine Revenues

The Associated Press, The Bristol Press August 18, 2021 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…

Finance ・ 18 August 2021

The Day

Casinos' slot-machine results follow upward trajectory

The southeastern Connecticut casinos' slot-machine revenues continued to recover from the pandemic last month. Foxwoods Resorts Casino "won," or kept, $36.5 million in slots revenue after paying out prizes in July, a 19.6% increase over the $30.5 million it kept the same month the previous year. It was the Mashantucket Pequot-owned casino's highest…

Gaming Authorities ・ 17 August 2021

The Day

Casinos' slot revenues were down year-over-year in June

Casino slot-machine revenues were down significantly last month compared to the previous June, evidence that Mohegan Sun and Foxwoods Resorts Casino benefited from reopening ahead of their competition during the COVID-19 pandemic. While Foxwoods Resort Casino and Mohegan Sun opened June 1, 2020, after being closed for 11 weeks, other Northeast…

Finance ・ 15 July 2021

The Day

Casinos' slots revenues were down in September

Slot-machine revenues were down at the casinos' last month, with Mohegan Sun's slots "win" falling by nearly 10% and Foxwoods Resort Casino's tumbling by more than 20%. Mohegan Sun reported Thursday that it kept $40.3 million after paying out prizes, a 9.7% decline from the $44.6 million it kept the previous September. Foxwoods kept $27.6 million…

Finance ・ 07 May 2021

The Day

Casinos' slots revenue down by more than 10% in December

Foxwoods Resort Casino and Mohegan Sun reported double-digit declines in slots-machine revenue for December, reversing a short-lived trend. The casinos had reported year-over-year increases in slots revenue in October and November after 15 straight months of declines. Foxwoods "won," or kept, $33.6 million in slots revenue after paying out prizes…

Finance ・ 01 July 2021