Indian Gaming > WNPR: Mashantucket chairman discusses $2.3B in gaming debts

WNPR: Mashantucket chairman discusses $2.3B in gaming debts

Wednesday, July 11, 2012
Filed Under: Connecticut

"Foxwoods Casino is an unlikely Connecticut success story. Before 1992, residents never would have guessed they’d have one of the world’s largest casinos in its backyard.

But given the years of profits and massive expansion, the headline of a New York Times Magazine story now seems even more improbable: “Foxwoods is Fighting for its Life.”

The exhaustive piece by Michael Sokolove details the rise of the casino and the resurgence of the Mashantucket Pequot Tribe that created it. It also shows how a bad economy, shrinking revenues, and an over-ambitious expansion plan put the casino some $2.3 billion in debt."

Get the Story:
Rodney Butler on Foxwoods Casino, Mashantucket Tribe (WNPR 7/10)

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Column: Mashantucket Tribe proves gaming isn't a cash cow (03/22)