Mohegan’s June slot revenues fall 5%

The tribal operator of Mohegan Sun on Monday said its June slot revenues fell again by about 5 percent.

For the month, Mohegan Gaming & Entertainment (MGE) posted slot revenues of more than $46.9 million, down from $49.3 million a year earlier.

The amount slot bettors wagered in June, known as the “handle,” was $567.7 million, also down 7.2 percent from June 2018.

MGE, which is required by a state gaming compact to pay 25 percent of its slot revenues to Connecticut’s General Fund, said it contributed more than $11.7 million to the state last month.

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Mohegan has recorded lower monthly slot revenues in 12 consecutive months. 

Foxwoods has also recorded monthly slot revenue decreases since July 2018, a month before MGM Springfield debuted.

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