Their reports says Foxwoods Resort Casino and Mohegan Sun Casino experienced their 6th consecutive year-to-year decline in gross gaming revenues and total revenues. Newport Grand Slots remained stable while Twin River in Rhode Island and Hollywood Casino Bangor and Oxford Casino in Maine grew.
The main headlines of this year’s report include:
* 86% of the Twin River growth over the last six years was fueled by Bay State gamblers
* Maine’s casinos are attracting more out of state visitors
* Connecticut’s resort casinos remain in a six year slump due to continuing high unemployment, high gas prices and increased competition in the Northeast.
If you’d like to read more information on the Center for Policy Analysis’ study, go to: http://www.umassd.edu/cas/centers/cfpa/