
Mohegan Slot Machines Bring $39
Million
No one knew what
to expect with the advent of slot machines, but I am assuming it is
not what they got. The Mohegan Sun’s gamblers spent $39.3 million into
the slot machines in just the first seven days. The slot machines have
been humming non stop, and the figures show that the players just
cannot get enough.
The slot machines
are paying out $0.90 on every dollar on average, which means the
players have won back $35.3 million from the slot machines. The
players cannot believe how well they are doing as well.
The state isn’t
complaining either, as the slot machines have already generated enough
revenue to give $1.4 million to property tax relief, $163,000 for
local government, $204,000 for economic development and tourism, and
almost $490,000 for the state’s horse racing industry. The slot
machines also pay 55% of whatever money the slot machine casinos keep
in taxes to the state of Pennsylvania.
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