Local News

After August Increase, Casino Revenue Drops Again In September

View Comments
(Mike Clarke/AFP/Getty Images)

(Mike Clarke/AFP/Getty Images)

HARTFORD, Conn. (AP) _ Connecticut’s Mohegan Sun casino says the halt in declining revenue in August resumed in September.

The Indian-run casino in Uncasville reported on Tuesday that September revenue was $49.9 million, down nearly $4.8 million, or 9 percent. It snapped a record of declining revenue in August with a tiny increase of $18,061.

Total wagering was $621.5 million, a $49 million decline from September 2012, or 7 percent.

Revenue is the share of wagers that the casino keeps.

Neighboring Foxwoods Resort Casino reported revenue of $44.8 million for September, down $1.5 million, or 3.2 percent from September 2012. Wagering at the Mashantucket-owned casino fell 7 percent, to $508.1 million.

The weak economic recovery has reduced spending by gamblers. The casinos also are under pressure from competition in the Northeast, particularly New York.

  (© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.) 

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 882 other followers