The DOI eventually approved the Mohegan compact but said it was not required to act on the Mashantucket Pequot agreement because the tribe had originally failed to negotiate a compact with the state in the 1990s. The gaming agreement was eventually put in place using \u201csecretarial procedures\u201d and the DOI says it is under no obligation to act on revisions to compacts created in such a manner.<\/p>\n
Now, as the Connecticut casino industry begins to feel the effects from its new neighbor across the border, the tribes are no closer to laying the foundations in East Windsor.<\/p>\n
With MGM Springfield in its first few months of operation, not only did we expect to see an impact, we’ve also consistently and publicly communicated our expectations over the last three years while proactively working toward mitigating any potential loss in revenue,” said Foxwoods spokesman Adam Jalbert this week.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
Connecticut\u2019s Foxwoods Resort Casino reported a 10 percent drop in slots revenue in October, as competition from Massachusetts\u2019 MGM Springfield begins to bite. The Mashantucket Pequot-owned casino resort said the year-on-year plunge followed a 5 percent decline in September. Connecticut\u2019s other tribal casino, Mohegan Sun, has not yet reported but said its slots revenue fell […]<\/p>\n","protected":false},"author":36,"featured_media":92822,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18,18456],"tags":[],"acf":[],"yoast_head":"\n
Foxwoods Reports Slots Revenue Dip as MGM Competition Takes Hold,<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n