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Snow Causes Decline in Revenue at CT Casinos

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March 16, 2015

Casinos in Connecticut reported a decline in gaming revenue last month. The reason behind the decrease is believed to be caused by the winter snow storms.

On Monday, a report was released by the Foxwoods Resort Casino. Revenue from wagers totaled $31.6 million last month. Slot machines totaled $383 million. In comparison to February 2014, wagering bets were down 19 percent. Slot machines were also down 20 percent. Mashantucket Pequots own the Foxwoods Resort Casino.

The Mohegan Sun also reported a decline. The casino had a 4 percent decrease in revenue from February 2014. Slot machines were also down by 3 percent from the previous year.

It is believed that the travel to the casino was made difficult due to the intense weather last month.

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