The Mashantucket Pequot Tribal Nation of Connecticut released its first public casino earnings report.
In the fiscal year that ended September 2013, the tribe took in $1.04 billion at Foxwoods Resort Casino and MGM Grand at Foxwoods, The New London Day reported. That was 6 percent less than expected, the paper said.
The tribe earned $204.8 million in EBITDA, or earnings before interest, taxes, depreciation and amortization. That was 8 percent less than expected, the paper said.
The tribe agreed to disclose its earnings publicly when it restructured $2.2 billion in gaming debt.
The report is posted on Electronic Municipal Markets Access.
Get the Story:
Foxwoods' fiscal year earnings 8 percent below projections (The New London Day 1/7)
Foxwoods' fiscal year earnings 8 percent below projections (The New London Day 1/7)
Join the Conversation
