Decrease in Revenue from Slots at Foxwoods Resort Casino

11-17-2011

Yesterday, Foxwoods Resort Casino has revealed that revenue from the slots during the month of October was $50.9 million, which was less than 11.2% on the same month in the last year. In October, the first month in new fiscal year of Foxwoods was $596.8 million, which was 14.4% less than October of last year. During the end of last month, the snowstorm has paralyzed the northeast part of their business, as mentioned by CEO of Foxwoods, named Butera.

Apart from this, their revenues are still on target, as they have predicted before the impacts of new competitive factors related with gaming market and the constant economical weakness in their region. During the month of October, Foxwoods, which was owned by MPT nation, has made $13.6 million to Revenue Fund. The holiday entertainment schedule of this resort is covered with lots of laughter, music and fun.

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