When Pennsylvania lawmakers added table games earlier this year for casinos in the state, other Northeastern states knew
In September, the Mohegan Sun had a slot revenue decrease three percent. The revenue of $57.6 million was down from the $59.4 million in the same period in 2009. Foxwoods, the other Connecticut casino, experienced an increase in revenue for the second time in three months.
"While we are pleased with September's results, we remain keenly aware of the sluggish economy and will continue to focus on new initiatives that keep visitation strong," said Mashantucket Pequot Gaming Enterprises President William Sherlock in a statement. "We keep customers coming through our doors by providing them with an unparalleled entertainment experience and offering signature events that appeal to a broad audience, such as our annual Foxwoods Food & Wine Festival."
While Sherlock was busy promoting his casino, the Mohegan Sun officials were trying to figure out why Foxwoods has been gaining in the revenue department. One reason could certainly be the Pennsylvania casinos that are taking the gaming industry in the Northeast by storm.
Pennsylvania lawmakers were moving slowly earlier this year on table game legislation until Governor Ed Rendell warned that he would be cutting 1,000 government jobs. That lit a fire under the lawmakers, and the table games starting running in July. The casinos have been pulling gamblers from both Connecticut and New Jersey.
The Connecticut casinos have experienced sharp drops in revenue as have many casinos around the US during the economic recession. In some states, the revenue has started to increase again, but the two major gaming destinations, Atlantic City and Las Vegas, continue to struggle.
October 16, 2010
Posted By Tom Jones
Staff Editor, CasinoGamblingWeb.com
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