Foxwoods Resort Casino reported decline in May slot revenue

2013-06-20

Reading time 1:40 min

(US).- Slot revenue at Foxwoods Resort Casino for May 2013 declined to us$ 48.2 million, 4.4 % lower than the us$ 50.4 million reported for the same period a year ago. Handle at the resort was us$ 557.9 million, off 5.1 % from the us$ 587.9 million reported last May.

The casino contributed us$ 12.2 million to the Connecticut Special Revenue Fund based on its May slot results. The cumulative contribution to the state of Connecticut since Foxwoods opened in 1992 rose to us$ 3.5 billion.

Foxwoods CEO Scott C. Butera said that the Resort’s results have been satisfactory despite continued economic and competitive pressures. He also noted that Foxwoods has launched aggressive steps aimed at expanding its market in the years ahead. The company announced plans to compete for casino licenses in both Massachusetts and New York.

Aerosmith will have a performance at the MGM Grand Theater on July 10. Lyle Lovett fuses country, swing, jazz, folk, gospel and blues for his show at the Fox Theater on July 12. Cindi Lauper, who won the Tony earlier this month for her work on the smash Broadway hit “Kinky Boots,” appears on the MGM Grand Theater stage on July 13.

Seth Meyers, SNL’s head writer and “Weekend Update” anchor, stops by to deliver a hilarious stand-up routine on June 22. The sports calendar includes an HBO Championship Boxing triple-header on June 29 featuring undefeated Gennady “GGG” Golovkin in defense of his middleweight title against top rated Matthew “Mack the Knife” Macklin. Both events are being staged at the MGM Grand Theater.

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Independence Day celebrations take on a whole new meaning at Foxwoods with over us$ 1 million on the line over the holiday weekend. A us$ 1 million guaranteed jackpot coverall and a brand-new Chevrolet Corvette are up for grabs in Foxwoods’ epic Firecracker Bingo on Saturday, July 6.

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