Casino slot-machine revenues were up in February compared to the same month a year ago, data released Tuesday show.<\/p>\n
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 Casinos numbers, posted on the website of the state Department of Consumer Protections Gaming Division, show it kept$28 million in slots revenue, a24.4% increase over the $22.5 million it kept the same month theprevious year.<\/p>\n
The results of year-over-year comparisons havefluctuated erraticallyover the last couple of years due to variations in the COVID-19 pandemics effect on the casinos business.<\/p>\n
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.<\/p>\n
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 statein online gaming revenue in January.<\/p>\n
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.<\/p>\n
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.<\/p>\n
b.hallenbeck@theday.com<\/a><\/p>\n <\/p>\n Continued here:<\/p>\n Casinos' up-and-down slots revenue comparisons were up in February - theday.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" 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. Continue reading