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Connecticut Casinos Feeling Squeezed As Revenue Declines

Connecticut Casinos Feeling Squeezed As Revenue Declines

Revenue for the two casinos in Connecticut decreased this past fiscal year. Mohegan Sun earned $992 million in revenue, about a 7 percent dip from the $1.1 billion it took in the prior fiscal year. Additionally, Foxwood Resort Casino had a net revenue of $787.8 million, about a 5 percent decline from the $828.9 million in fiscal year 2018, according to The Day, of New London, Connecticut.

Revenue for the two casinos in Connecticut decreased this past fiscal year. Mohegan Sun earned $992 million in revenue, about a 7 percent dip from the $1.1 billion it took in the prior fiscal year. Additionally, Foxwood Resort Casino had a net revenue of $787.8 million, about a 5 percent decline from the $828.9 million in fiscal year 2018, according to The Day, of New London, Connecticut.…