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Mashantucket Tribe releases first earnings report at casino

Filed Under: Connecticut
More on: debt, mashantucket
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)

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