Mohegan Sun’s net revenues and profit in the quarter that ended September 30 were down over the same period the previous year by 1.9% and 15.9%, respectively, the casino’s parent company, Mohegan, announced Tuesday.
The casino reported $236.8 million in net revenues during July, August and September ― the fourth quarter of Mohegan’s fiscal year ― and $49.3 million in net income, or profit.
Mohegan Sun’s profit during the quarter was offset by losses in some other segments of the company’s business. Overall, Mohegan reported quarterly net revenues of $413 million and profit of $29.8 million, numbers which were up by 5.6% and 24.1%, respectively, over the previous year.
In addition to Mohegan Sun, its flagship property, Mohegan owns and/or manages casinos in Wilkes-Barre, Pa.; Niagara Falls, Ontario, Canada; Ridgefield, Wash.; Las Vegas; and Atlantic City, and is developing a casino resort in Incheon, South Korea.