Connecticut’s two tribal casino operators reported annual revenue declines in 2019, with new regional competition fingered as the likely culprit.

On New Year’s Eve, The Day reported viewing annual reports filed by the companies behind Foxwoods Resort Casino and Mohegan Sun Casino, which together hold a monopoly on casino operations in Connecticut. Both casinos reported negative net revenue growth in the 12 months ending September 30, 2019, although the pace of decline slowed from the previous fiscal year.

Mohegan Gaming & Entertainment (MGE) reported overall revenue of $1.39b, a 2.4% improvement over 2018’s result. But its Mohegan Sun venue in Connecticut reported revenue falling 7.2% to $992m, and the parent company’s overall gains were largely due to its mid-year signing of a deal to manage casino operations in Niagara Falls, Ontario.

Foxwoods, which is operated by the Mashantucket Pequot Tribal Nation, reported only slightly better results, with revenue falling 5% to $787.8m. Both Foxwoods and Mohegan Sun blamed falling gaming revenue for the overall net revenue slide and pointed an accusatory finger at their new regional casino rivals.