When Connecticut's two casinos opened in the early 90s, they did so by reaching an agreement with the State of Connecticut to pay the state 25 percent of their monthly slot revenues.

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As a result, both Mohegan Sun and Foxwoods must report their total slot earnings to the state each month. In December 2010, Foxwoods earned $45 million on its slot machines, an increase of 1.2 percent over December 2009.

• When Connecticut's two casinos opened in the early 90s, they did so by reaching an agreement with the State of Connecticut to pay the state 25 percent of their monthly slot revenues.
• Casino slot machines typically have the highest payouts at 95%. This means that for every dollar you put in, the machine is programmed to give back 95% of it at some point. Other gambling locations such as airports, bars, grocery stores, and service stations typically stock machines that have a 50% to 75% payout.

On Thursday, Foxwoods Resort Casino reported a slot revenue of $34.4 million for October, according to a press release. This figure is down 10 percent compared to $38.2 million in October of 2017. Foxwoods' handle for the month was $436.4 million, down 10.6 percent from the $488.1 million wagered in October 2017, the casino said.

Mohegan Sun took in $53.5 million dollars in December slot revenue. That's a 6 percent decline over December 2009, according to The Day of New London.

In reporting its numbers, Mohegan Sun actually revealed some interesting information some gamblers might want to pay attention to.

Overall in December, $673,412,991 went through Mohegan's slot machines. It's a staggering number, referred to as the handle, by casinos. But Mohegan Sun only kept 7.94 percent of that total amount. That means more than 92 percent went back to gamblers.

What may be even more valuable information to the millions of people who drop dollars into those ringing, buzzing and screeching machines is that Mohegan Sun also breaks down which machines actually give gamblers the best odds at winning.

The casino has 6,404 slot machines scattered throughout it's sprawling gaming floors, and as most gamblers know, you can toss your money into those machines in many different denominations. But what the casino's December numbers show is that some of the 'cheapest' slot machines, actually have the worst odds for patrons.

For example, Mohegan Sun kept 11 percent of all of the money that went into its penny slot machines, with 89 percent returned to the players. That must be why the casino has more penny slots, 2,532 machines, than any other type. Not surprisingly, the majority of Mohegan Sun's slot revenue comes from these penny slots. Nickel slot machines took 12 percent, and give back 88 percent in December.

On the other side of the scale, the casino's $2 slots kept just 2.03 percent of the money that went in, giving back just under 98 percent to gamblers. The best deal for players, if you can afford it, was the casino's $10 slot machines, which kept a minuscule 1.77 percent of the money put into them, returning 99.23 percent to those spending their hard-earned cash.

In the middle were the casino's quarter slots, which returned more than 91 percent of the money put in back to patrons, and the $1 machines gave back more than 93 percent to gamblers.

But for those who want to play those machines, their best bet may be to play Mohegan Sun's multi-denomination slots. Those are machines on which a player can choose to bet in different amounts. In December, they returned 95 percent of the money that went into them. So gamblers had better odds dumping quarters into a multi-denomination machine, than playing those same coins on the quarter slots.

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Mohegan Sun Footnotes: (1) Monthly contributions are due to the State by the 15th of the following month. (2) Mohegan Sun did not include the value of eBonus credits redeemed by patrons at slot machines in its video facsimile devices Win amounts; however, the value of eBonus credits wagered was included in the reported Handle. In addition, please be advised that the Casino Hold % column amounts may be understated and the Payout % column amounts may be overstated as a result of this. (3) From July 1, 2009 to June 30, 2012, if the aggregate amount of eBonus coupons or credits actually played on the Mohegan Tribe's Video Facsimiles during a particular month exceeded 5.5% of “gross operating revenues” for that month, the Mohegan Tribe paid to the State an amount equal to twenty-five percent (25%) of such excess face amount of eBonus coupons or credits used in such calendar month (the 'eBonus Contribution'). Beginning on July 1, 2012, and for all months thereafter, the aggregate amount threshold for determining the eBonus Contribution increased from 5.5% to 11% of 'gross operating revenues.' (4) The value of eBonus free slot play credits redeemed during February 2009 totaled $1,910,268; however, it was determined that eBonus credits redeemed were overstated by $1,460,390 for January 2008 though January 2009. February 2009 is adjusted by this amount. March 2009 was was adjusted by an additional $8,139. (5) During fiscal year 2010 the Mohegan Tribe and the State of Connecticut settled a dispute regarding the proper treatment of eBonus for the period November 2007 through June 2009. As a result of this settlement, the State of Connecticut received $5,727,731, including interest. (6) For fiscal years 2007/2008 and 2008/2009, Poker Pro Electronic Table Rake Amounts of $401,309 and $42,188, respectively, were included in the calculation to determine the amount of Slot Machine Contributions to the State of Connecticut. (7) The Mohegan Sun Casino officially opened on Saturday, October 12, 1996. On October 8-10, video facsimile/slot machines were available for actual play during pre-opening charitable gaming nights. (8) Beginning with the month of May 2001, Mohegan Sun Casino reports video facsimile/slot machine win on an accrual basis, reflecting data captured and reported by an on-line slot accounting system. Reports were previously prepared on a cash basis, based on the coin and currency removed from the machines on each gaming day. (9) Cumulative Win amount total should be reduced by $1,452,341.21 to correct for an over reporting of slot revenues for prior periods related to errors in the accrual carry forward of estimated cash on floor.

Foxwoods Footnotes: (1) Monthly contributions are due to the State by the 15th of the following month. (2) The operation of the video facsimile/slot machines began at Foxwoods on January 16, 1993. (3) Foxwoods did not include the value of Free Play coupons redeemed by patrons at slot machines in its video facsimile devices Win amounts; however, the value of Free Play coupons wagered was included in the reported Handle. In addition, please be advised that the Casino Hold % column amounts may be understated and the Payout % column amounts may be overstated as a result of this. (4) From July 1, 2009 to June 30, 2012, if the aggregate amount of Free Play coupons or credits actually played on the Mashantucket Pequot Tribe's Video Facsimiles during a particular month exceeded 5.5% of “gross operating revenues” for that month, the Mashantucket Pequot Tribe paid to the State an amount equal to twenty-five percent (25%) of such excess face amount of Free Play coupons or credits used in such calendar month (the 'Free Play Contribution'). Beginning on July 1, 2012, and for all months thereafter, the aggregate amount threshold for determining the Free Play Contribution increased from 5.5% to

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