This story was published more than 1 year ago.
The two operational casinos in Connecticut saw their revenues dip during 2019 due largely to increased competition in neighboring Massachusetts.
The Mohegan Sun saw net revenues of $992 million, which was down about 7% from the $1.1 billion brought in the year before. The Foxwoods Resort Casino's revenues were down 5% to $787.8 million. Both of the spots said that the drops in revenue were due to less gambling money. This is due in large part to two new casinos that opened in Massachusetts.
Connecticut is working to legalize sportsbetting, but has yet to do so, further hampering the bottom lines of the casinos.
We'll see how the state does in 2020, and whether they can change things up to boost revenues.