Connecticut: Mohegan Sun reports $45 million in slot revenue for March
Connecticut's Mohegan Sun has reported $45,203,737.74 in slot revenue for March 2025. The slot win performance is a year-over-year increase from March 2024, where the reported slot revenue was $43,313,477.86, the casino announced.
Last month's revenue resulted in a direct payment to the State of Connecticut in the amount of $11,300,934.43. Direct payments to the State of Connecticut are in accordance with the Mohegan Tribe’s longstanding gaming revenue contribution agreement.
Mohegan advances refinancing strategy
Earlier in the week, parent company Mohegan announced it issued $1.2 billion in new secured notes as part of a refinancing strategy, designed to address upcoming debt maturities and improve liquidity. The move follows the company's warning about debt problems earlier this year and a period of financial pressure linked to its South Korean venture.
Mohegan closed its debt refinancing after saying in January that it was at risk of defaulting on several loans. The warning followed a $234.5 million loss in the 2024 fiscal year, attributed primarily to costs related to the opening of Inspire Entertainment Resort, its new $1.6 billion South Korea integrated resort.
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