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While the Mashantucket Pequot Tribal Nation may not be able to get the Foxwoods Casino off the ground in Philadelphia, Connecticut lawmakers are celebrating its “milestone” contributions to the state.
The tribe recently provided the state with a $13.9 million payment from its April slot machine revenue, which put their total contributions over $3 billion.
Slot revenue during the month reached $52.3 million, which marks a 9.1% decrease in slot win and a 4.1% decrease in slot handle compared to April of last year.
The 1996 gaming compact signed between the Foxwoods Connecticut casino and the state calls for a payment equal to 25% of its slot machine winnings, although they are not required to pay out any of the profits earned at the tables.
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