Connecticut casinos see increase in September slot revenue

Slot revenue was up 7.8% y-o-y at Mohegan Sun and up 12.1% y-o-y at Foxwoods.

Connecticut casinos Mohegan Sun and Foxwoods Resort posted strong slot revenues in September, with each property posting significant year-on-year improvements.

Mohegan Sun recorded slot win of $43.4m, a 7.8% increase year-on-year and on par with August. Foxwoods generated $31m, a 12.1% jump y-o-y and a slight improvement from August.

Mohegan Sun contributed $10.9m of its slot win to the state of Connecticut, while Foxwoods produced $7.8m for the state.

Slot revenue was still down considerably from July, when Mohegan Sun won $49.9m and Foxwoods won $36.5m.

Pretty soon, the two tribal casinos will add another source of revenue with the implementation of retail and mobile sports betting.

Foxwoods and Mohegan Sun launched retail sportsbooks at the end of September, Foxwoods with partner DraftKings and Mohegan Sun with partner FanDuel.

The casinos are in the midst of a soft launch for mobile sports betting, which began last week.

The soft launch will precede a full launch scheduled for later this week.

Kaitlyn Karsselt, a Connecticut Department of Consumer Protection spokesperson, told the Associated Press, “Everything is going well so far, and our team is looking forward to continuing to work with the operators through the rest of the soft launch.”

The state lottery is also launching mobile sports betting through PlaySugarHouse.

Sports betting could generate as much as $1.5bn in annual wagers in Connecticut, according to a study from PlayConnecticut.

Ezra Amacher

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