October brings a rise in revenues for Connecticut's Mohegan Sun and Foxwoods casinos
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The return to normal in the southeastern Connecticut casino business and the new sports betting market have made an impact in the area’s casinos. For October 2021, Mohegan Sunreported a rise in slot-machine revenue of up to 23.6% in a year-over-year comparison, keeping $44.3 million. For Foxwoods Resort Casino, slot-machine revenue was up 21.5%, keeping $31.7 million.
Mohegan Sun contributed $11.1 million of its October slots revenue to the state, while Foxwoods contributed $7.9 million.
A year ago, the state was experiencing a spike in COVID-19 cases and both casinos were operating way below its capacities. But 2021 brought the return of the casinos’ normal activities, capacities and even shows at the Mohegan Sun Arena, including two by Sebastian Maniscalco, two by Harry Styles and one by Blake Shelton.
In an official press release, Mohegan Sun’s president and general manager Jeff Hamilton spoke about October 2021 and said: “It was a great month. We celebrated our 25th anniversary, our entertainment returned, we got back to a normal calendar. Last October, we were in the second wave of the pandemic and consumer confidence was really, really low.
Hamilton also pointed out that “it’s not just one month” when it comes to the casino’s rebound. “We’ve had a fairly strong performance over the last six months”.
Even though these numbers are not expressed in October’s slot-revenue reports, both Mohegan Sun Casino and Foxwoods Resort Casino began accepting on-site sports wagers on September 30. The information about sports betting is expected to become available later this week, according to the state Department of Consumer Protection.
Hamilton said Mohegan Sun’s sportsbook has taken close to 100,000 bets, and that the availability of sports betting has driven traffic to the casino.
