Pequot casino in Pennsylvania faces loss of state license

Friday, April 30, 2010  

The Mashantucket Pequot Tribal Nation of Connecticut might lose its slot machine license in Pennsylvania.

The tribe and a group of investors won a license for the Foxwoods Casino Philadelphia nearly three-and-a-half years ago, The New London Day reported. But the project "has no funds, no prospects of funding, and no viable alternative plan to construct the facility for which it was licensed," the investigative division of the Pennsylvania Gaming Control Board said.

The tribe was going to hand majority control of the casino to gaming mogul Steve Wynn. But he pulled out at the last minute earlier this month.

The tribe and its partners have 30 days to respond to the board's petition to revoke the license.

Get the Story:
Gaming board recommends pulling plug on Foxwoods Philly (The New London Day 4/30)
Gaming board moves to strip Foxwoods group of license (The Philadelphia Inquirer 4/30)

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Mashantucket Tribe weighs options after casino deal fails