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Foxwoods reports May slot revenue, big name acts coming this summer


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16 June 2012Printer Friendly VersionPost a CommentTell a Friend about this Article

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MASHANTUCKET, Conn.--(BUSINESS WIRE)-- Slot revenue at Foxwoods Resort Casino® in May 2012 was $50.4 million, a slight increase from the previous month but a decline of $5.4 million or 9.8 percent from the same period a year ago. Slot handle was off from June 2011, down 13.3 percent to $588.0 million.

“Weak and uncertain economic conditions continue to impact our customers and our slot business,” said Foxwoods’ CEO Scott C. Butera. “We are looking forward to summer with a strong line up of summer events including appearances by Jerry Seinfeld, Kenny Rogers, and Boyz II Men, acts that traditionally have strong customer appeal in the region and beyond.”

Foxwoods contributed $13.5 million to the Connecticut Special Revenue Fund based on May 2012 activity. Since opening in 1992, the Resort Casino has made a cumulative contribution to the state of Connecticut in excess of $3.36 billion.

ABOUT FOXWOODS ® RESORT CASINO

Foxwoods Resort Casino is one of the premier entertainment destinations in the Northeast. As the largest resort casino in North America, Foxwoods offers a vast array of gaming in six casinos; AAA Four-Diamond hotels, restaurants from gourmet to express, world-renowned spas, awarding-winning golf, state-of-the-art theaters, and exclusive retailers. Perfect for both recreation and business, Foxwoods provides modern and versatile convention and meeting space to infuse new life into any meeting or event. At Foxwoods, you can be anyone and do everything with endless possibilities of experiences that are Anything but Ordinary. Foxwoods Resort Casino is owned and operated by the Mashantucket Pequot Tribal Nation. For a comprehensive look at Foxwoods Resort Casino and Mashantucket Pequot Tribal Nation visit www.Foxwoods.com.

About the Mashantucket Pequot Tribal Nation

The Mashantucket Pequots are a native Algonquin people in southeastern Connecticut who endured centuries of conflict, survival, and continuity on and around one of America’s oldest Indian reservations, established in 1666. As the first native people within the borders of the continental United States to suffer attempted genocidal massacre by Puritan Colonists in 1637, the Pequots and their repatriation is an unprecedented story of restoration exhibited in detail at the Tribe’s world-class Museum and Research Center (www.pequotmuseum.org). Today, the Mashantucket Pequot Tribal Nation owns the largest resort casino in North America, Foxwoods Resort Casino (www.foxwoods.com), along with several other economic ventures, including the Lake of Isles Golf Course (www.lakeofisles.com); a joint-venture partnership establishing the MGM Grand at Foxwoods; and Foxwoods Development Company, dedicated to world-class resort development throughout the United States and Caribbean. All together, the Mashantucket Pequot Tribal Nation remains one of the State of Connecticut’s highest tax payers and largest employers, and has contributed more than $3 billion to the state of Connecticut in accordance with the Tribe’s gaming-revenue-sharing agreement, established in 1993. Likewise, the Tribe provides significant financial contributions to state and local nonprofit organizations that support neighboring communities.


Source: Foxwoods Resort Casino

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