Mashantucket Tribe releases first earnings report at casino

Tuesday, January 7, 2014  

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.

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Foxwoods' fiscal year earnings 8 percent below projections (The New London Day 1/7)