Casinos' up-and-down slots revenue comparisons were up in February
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Casino slot-machine revenues were up in February compared to the same month a year ago, data released Tuesday show.
Mohegan Sun reported it “won,” or kept, $40.4 million in slots revenue after paying out prizes, a 23.3% increase over the $32.7 million it kept in February 2021. Foxwoods Resort Casino’s numbers, posted on the website of the state Department of Consumer Protection’s Gaming Division, show it kept $28 million in slots revenue, a 24.4% increase over the $22.5 million it kept the same month the previous year.
The results of year-over-year comparisons have fluctuated erratically over the last couple of years due to variations in the COVID-19 pandemic’s effect on the casinos’ business.
The casinos contribute 25% of their monthly slots wins to the state. In February, Mohegan paid $10.1 million and Foxwoods paid $7.1 million.
In February, the casinos, which pay 18% of their gross online gaming revenue to the state, anted up another $3.1 million, with Foxwoods paying $1.9 million and Mohegan Sun, $1.2 million. The total was down from the $3.4 million the casinos paid the state in online gaming revenue in January.
Sports betting revenue also was down in February compared to the previous month. Foxwoods, Mohegan Sun and the Connecticut Lottery Corp. combined to pay the state slightly more than $500,000, a sum that's 13.75% of their gross sports betting revenue.
In the first four full months of online gaming and sports betting in Connecticut — November through February — related payments to the state have averaged a little more than $4 million a month. In the same period, the casinos' slots payment have averaged about $16.7 million a month.
