Business & Tech
Foxwoods, Mohegan Sun Slots Tumble in November
Snowstorm, power outages and continued economic weakness take the blame
According to the Hartford Business Journal, Mohegan Sun slots revenue fell 4 percent, to its lowest amount in a decade, while the power was out in much of the state.
"At Mohegan Sun in November, the total bets placed, or handle, at slot machines was $669 million, down 4 percent from November 2010, the worst Mohegan slots handle since January 2002," the Business Journal says.
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Foxwoods slots were down 6 percent from a year ago.
The casinos aren't feeling much of a pinch, however. According to the story, they have increased the percentage that they take from the bets. Mohegan Sun's take from those bets was down only 1 percent from a year ago, the story says.
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To read the full story, click here.
Do you think it's a good idea to increase the casino's take from slots bets? Or are the long-term consequences too dicey? Tell us in the comments!
Related Topics: Casino, Hartford Business Journal, Mohegan Sun, Montville CT, and SlotsWhat do you think of Mohegan Sun's increasing its take on slots bets?
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