Mashantucket Pequot tribe reports slight increase in slot handle in April for Connecticut properties
Foxwoods Resort Casino and MGM Grand at Foxwoods reported to
the Connecticut State Division of Special Revenue that the property took in a
net gain of $57.5 million in
slot machine gaming revenue. This amount represents a
nominal decrease of 0.8 percent in slot win and an increase of 1.3% in total
slot handle compared to April of 2008, bucking the trend in the casino industry
as a whole.
The Mashantucket Pequot Tribal Nation,
the casino's owner, also reported a $14.3 million payment to the State of Connecticut for April of
2009. This contribution increases the total dollar amount given to the State of
to more than $2.93 billion since January of 1993, when slot machines were first
introduced at Foxwoods.
"I am thrilled with our recent
results, and proud to see that the enhancements and additional amenities we
have added to our property are resonating with our customers," said
Michael Speller, president of Mashantucket Pequot Gaming Enterprises (MPGE).
"I credit our signature Foxwoods Five-Star(R) Service for this, and am
confident that all the exciting new dining, entertainment and gaming options
will ensure our guests enjoy an unmatched entertainment experience."
The results report comes on the heels of
bold new initiatives at Foxwoods Resort Casino and MGM Grand at Foxwoods. In
addition to an ongoing commitment to providing signature Foxwoods Five-Star(R)
service standards, fresh and exciting entertainment options and brand new
accommodations give patrons even more reason to visit the award-winning
property. The resort offers the highest quality gaming entertainment with a
sensational lineup of new options including Wide Area Progressive slot
machines, six state-of-the-art casinos, "Match the Dealer" side bets
at all blackjack tables, as well as "Foxwoods Fun Play" free Internet
games. The most recent improvement is the addition of 24 new table games,
expanding full-service gaming options in the Great Cedar Casino. Additionally,
the property recently added more than 115,000 square feet of meeting space including
the latest in technological innovations designed to ensure that the region's
meeting industry has access to state-of-the-art business facilities.
Foxwoods' slots revenue holding steady
May 18, 2009