dismiss the MGM suit<\/a> on grounds that the Indian Gaming Regulatory Act and its land-into-trust regulatory process doesn’t apply to the East Windsor project because the casino isn’t being built on tribal lands. The case is ongoing.<\/p>\nSomething needs to change for Connecticut, as the state is bleeding money due to the dwindling slot income.<\/p>\n
The tribes share 25 percent of their GGR on the terminals with the state. That tax revenue number has plummeted from $433.6 million in 2006 to $263.6 million last year. It will be even lower in 2019.<\/p>\n
More Competition Coming<\/b><\/h2>\n The days of Mohegan Sun and Foxwoods holding a regional monopoly on casino gambling in New England are long gone. Four upstate New York casinos are open for business \u2013 though struggling to meet pre-market GGR expectations \u2013 and Massachusetts now has three casinos following the openings of MGM Springfield and Encore Boston Harbor.<\/p>\n
Massachusetts can authorize another integrated casino resort in the southeastern part of the state, which poses yet a further threat to the Connecticut casinos.<\/p>\n
One assist that could help is legalizing sports betting and allowing the tribes to take bets online. However, the complicated legal gambling situation in the Nutmeg State has led to a stalemate in the Hartford capital.<\/p>\n","protected":false},"excerpt":{"rendered":"
The two tribal Connecticut casinos \u2013 Mohegan Sun and Foxwoods \u2013 once again reported reduced slot revenue win, September marking the state gaming industry’s 15th consecutive monthly decline. Gross gaming revenue (GGR) on slots totaled $44.6 million at Mohegan Sun last month \u2013 a 5.5 percent drop, or $2.6 million loss. Foxwoods slots won $35.9 […]<\/p>\n","protected":false},"author":25,"featured_media":117429,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\n
Connecticut Casinos Report Reduced Slot Win, Another Monthly Decline<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n