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The Day - Annual reports highlight COVID-19's impact on casinos' bottom lines - News from southeastern Connecticut


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COVID-19’s impact cost the southeastern Connecticut casinos dearly during the fiscal year that ended Sept. 30, 2020, annual reports posted late last month show.
Foxwoods Resort Casino reported net revenues of $539.2 million for the period, a 31.6% decline from the $787.8 million it tallied the previous fiscal year.
Mohegan Sun’s net revenues fell to $715.7 million in fiscal 2020, down 27.9% from $992 million. Mohegan Gaming & Entertainment, the corporate entity that operates Mohegan Sun and the Mohegan Tribe’s other gaming enterprises around the world, had total net revenues of $1.11 billion, a decrease of 16.7%, according to the MGE annual report filed last week with the U.S. Securities and Exchange Commission. ....

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