Revenue Down at Conn. Casinos

Connecticut's Indian-run casinos are reporting declines in slot machine betting and revenue in September.

Connecticut's Indian-run casinos are reporting declines in slot machine betting and revenue in September.

Mohegan Sun said Wednesday total slot machine bets last month totaled $569.6 million, down from $621.5 million in September 2013. The share of wagers known as revenue was $46.5 million in September, down from nearly $50 million in the year-ago month.

Foxwoods Resort Casino said total slot bets were $445.8 million, down from $508.1 million. Slot revenue of $36 million was down from $44.8 million in September 2013.

Betting and revenue have fallen steadily at the casinos due to rising competition in the Northeast and continuing weakness in consumer demand.

Mohegan Sun recently lost its second bid to operate a casino in Massachusetts and Foxwoods is in the running for a resort casino in Fall River.

Copyright AP - Associated Press
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