October 17, 2010 by staff
Sherlock, Pennsylvania legislators added table games earlier this year for the casinos in the state, other states of North knew that a drop in revenue could be next. Atlantic City had the largest decline, but revenue is down as Connecticut.
In September, the Mohegan Sun had a turnover decrease of three per cent below. The turnover of 57.6 million and was down from the $ 59.4 million in the same period in 2009. Foxwoods Casino in Connecticut, has increased revenue for the second time in three months.
“Even if we are satisfied with the results of September, we remain acutely aware of the weak economy and will continue to focus on new initiatives that keep visiting high,” said Mashantucket Pequot Gaming Enterprises President William Sherlock said in a statement . “We retain customers through our doors by providing unparalleled entertainment experience with signing and events that appeal to a broad audience, such as our annual Foxwoods Food & Wine Festival.”
Although Sherlock was busy promoting his casino, Mohegan Sun officials have been trying to figure out why Foxwoods won the Department of Revenue. One reason could certainly be casinos in Pennsylvania who took the game industry in the North by the storm.
Pennsylvania lawmakers were moving slowly earlier this year on legislation gaming table until the Governor Ed Rendell warned that it would cut 1,000 jobs by the government. It lit a fire under legislators, and the games start running in July. The casinos have been drawing players from both Connecticut and New Jersey.
Connecticut’s casinos have experienced declines in revenue have many casinos across the United States during the economic recession. In some states, sales began to increase again, but the two major gaming destinations, Las Vegas and Atlantic City, continue to fight.
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