Casino News: Decline in Slot Revenue of Foxwoods Casino

Decline in Slot Revenue of Foxwoods Casino

 February 16, 2012, 7:01 am (5 years ago)
On15th of February, Foxwoods casino has revealed that its revenue generated from slot game for the month of January 2012 has lead to approximately $46 million, which indicates decline of approximately $2 million or 4.7% from the same period during the last year. In addition to this, this year, they have highlighted their handle as $549.8 million, which is 1.3% less from the $557.2 million revenue of last year.

According to the CEO Scott Butera of Foxwoods casino, “December and January are the slow progressing months of financial year for our Foxwoods casino. However, during previous two months, we have observed increase in handle and revenue of our Resort as compared to last year.” Yesterday, CEO Scott Butera has taken part in the series of gaming events, leading to many business development and initiatives in brand marketing. The casino has collected $12.4 million to Connecticut Special Revenue Fund (CSRF) based on revenue of January month.
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