Mohegan Tribe reports increase in profit from casino enterprise

The Mohegan Sun Casino in Uncasville, Connecticut. Photo from Facebook

The Mohegan Tribe of Connecticut saw a dramatic increase in profits at its gaming enterprise.

For the quarter that ended June 30, the Mohegan Tribal Gaming Authority saw $28.1 million in profits. That's double the amount from the same period last year

“Our third quarter operating results speak for themselves and reflect a sustained and tremendous effort by all of our employees,” Robert J. Soper, a tribal member who serves as president of the authority, said in a press release.

The increase was attributed to cost-cutting measures and a 1.9 percent increase in gross slot machine revenues. The tribe took in $203.7 million in slots during the last quarter.

Gaming revenues, overall, remained flat at $284.7 million compared to last year. Table game revenues fell 3.2 percent and non-gaming revenues fell 2.1 percent.

The tribe operates the Mohegan Sun on its reservation in Connecticut and Mohegan Sun Pocono, a commercial facility in Pennsylvania.

Get the Story:
Mohegan Sun Optimistic On Recovery After Strong Profit Report (The Hartford Courant 7/30)
Mohegans report gaming profits double in latest quarter (The New London Day 7/30)
Cost-cutting, gambling rise boost Mohegan Sun (AP 7/29)

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