Foxwoods Reports May Slot Revenue

MASHANTUCKET, Conn.--()--Slot revenue at Foxwoods® Resort Casino for May 2013 declined to $48.2 million, 4.4 percent lower than the $50.4 million reported for the same period a year ago. Handle at the resort was $557.9 million, off 5.1 percent from the $587.9 million reported last May.

The Casino contributed $12.2 million to the Connecticut Special Revenue Fund based on its May slot results. The cumulative contribution to the state of Connecticut since Foxwoods opened in 1992 rose to $3.5 billion.

Foxwoods CEO Scott C. Butera said that the Resort’s results have been satisfactory despite continued economic and competitive pressures. He also noted that Foxwoods has launched aggressive steps aimed at expanding its market in the years ahead. The company announced plans to compete for casino licenses in both Massachusetts and New York.

Music, laughs and sports await Foxwoods visitors in the coming month. Aerosmith, the iconic rock and roll band with the quick beat of the present, performs its unique and enduring style at the MGM Grand Theater on July 10. Lyle Lovett fuses country, swing, jazz, folk, gospel and blues for his show at the Fox Theater on July 12. Cindi Lauper, who won the Tony earlier this month for her work on the smash Broadway hit “Kinky Boots,” appears on the MGM Grand Theater stage on July 13.

Seth Meyers, SNL’s head writer and “Weekend Update” anchor, stops by to deliver a hilarious stand-up routine on June 22. The sports calendar includes an HBO Championship Boxing triple-header on June 29 featuring undefeated Gennady “GGG” Golovkin in defense of his middleweight title against top rated Matthew “Mack the Knife” Macklin. Both events are being staged at the MGM Grand Theater.

Liquid Sundays, Foxwoods’ popular Vegas-inspired poolside party series, features poolside cabanas, day beds, luxurious food and drink service, incredible promotions, the hottest DJs and celebrities at the extravagant 5,500-square-foot, outdoor pool - every Sunday now through September 1.

Independence Day celebrations take on a whole new meaning at Foxwoods with over $1 Million dollars on the line over the holiday weekend! A $1 Million dollar guaranteed jackpot coverall and a brand-new Chevrolet Corvette are up for grabs in Foxwoods’ epic Firecracker Bingo on Saturday, July 6.

The Mashantucket Pequot Museum and Research Center continues its exploration of the fascinating underground world of skateboarding in Indian country. This month’s highlight is “Deathbowl to Downtown,” an inspired film delving into skateboard history with a 1980’s bent. And July 10-11 sees the return of the popular Educational Powwow where visitors can witness colorful native dancing and watch demonstrations of jewelry, grass-basket and pottery making.

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. 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 Foxwoods.com.

About the Mashantucket Pequot Tribal Nation

The Mashantucket Pequots are a native Algonquin people in southeastern Connecticut who endured centuries of conflict and survive today on the oldest continuously occupied reservation in the U.S., dating to its establishment 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).

Contacts

Beacon Advisors
Hud Englehart, 773-281-1100
hud@beaconadvisors.us

Release Summary

Slot revenue at Foxwoods® Resort Casino for May 2013 declined to $48.2 million.

Contacts

Beacon Advisors
Hud Englehart, 773-281-1100
hud@beaconadvisors.us