Bouncing back from historic lows late last year, Foxwoods reported $24.5 million in profits in January, up 14% from December’s $21.5 million.
Still, the casino’s monthly revenues were down 25% from the year-ago period, when it recorded $32.5 million, pre-pandemic.
The month-to-month improvement was led by rebounding slots revenue, which helped push up the casino’s contribution to state coffers to $8 million last month from $5.4 million in December.
Foxwoods also announced it would reopen the Fox Tower Hotel for weekend bookings as well as restart its race book and keno offerings. Both games have been relocated to new areas within the casino and reconfigured to allow for social distancing and pandemic sanitation protocols.
Foxwood’s operator, the Mashantucket Pequot Tribal Nation, announced its first affiliated resort outside of the contiguous U.S. in January. The Foxwoods El San Juan Casino is slated to open later this year in Puerto Rico.
