• indianz.com
  • native american news, information and entertainment.

    owned and operated by Ho-Chunk Inc., the economic development corporation of the winnebago tribe.

    • More
      • News Headlines
      • Indian Gaming
      • Federal Register
      • Jobs
    • Contact us
      • 202 630 8439 (THEZ)
      • email indianz.com
      • Ho-Chunk Inc

Indianz.Com > Mashantucket leader predicts years until casino recovers

  • News
  • Indian Gaming
  • Federal Register
  • Jobs
ads@blueearthmarketing.com   712.224.5420

Connecticut
Mashantucket leader predicts years until casino recovers
Wednesday, April 7, 2010  

economy
mashantucket
The new chairman of the Mashantucket Pequot Tribal Nation of Connecticut believes it could take years before the economy recovers.

Rodney Butler, 33, said the tribe's gaming enterprise took a bit hit when the economy collapsed. Patrons at Foxwoods Resort Casino and MGM Grand at Foxwoods are spending less than they used to, he said.

The tribe has stopped big gaming projects as a result. Some smaller ones are going through in hopes of keeping people coming to the reservations.

"I don’t see it recovering quickly," Butler told Indian Country Today of the economy. "It’s a fragile foundation where things can go worse.”

The tribe is still in negotiations with lenders over $2 billion in gaming-related debt. But Butler said the tribe is not trying to test the reach of federal bankruptcy laws in Indian Country.

“We could have taken a stance – and there were some indications early on – that we’re just going to hide behind the vagueness of the law and say, ‘You know what? Forget everybody, we’re just going to walk away,’” Butler told ICT. “It’s a long process; I can’t predict how long it will take. But at the end of the day, the sole purpose for this facility being here is for the benefit and sustainability of the tribe, and that always has to be in everyone’s mind through these discussions."

Get the Story:
Mashantucket chairman: Not a rosy outlook for Indian gaming (Indian Country Today 4/7)

Stay Connected


Contact Us

indianz@indianz.com
202 630 8439 (THEZ)

Search


Top Indian Gaming Stories

Trending in Gaming
1 Catawba Nation continues work on controversial casino in North Carolina
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B

More Stories

• Democratic candidate supports reopening of Tigua casino
• Maine tribes once again excluded from gaming referendum
Indian Gaming Archive
2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004


Indianz.Com
  • Arts & Entertainment
  • Business
  • Canada
  • Cobell
  • Education

 
  • Environment
  • Federal Recognition
  • Federal Register
  • Health
  • Indian Gaming

 
  • Indian Trust
  • Jack Abramoff Scandal
  • Jobs & Notices
  • Law
  • National

 
  • Opinion
  • Politics
  • Sports
  • Technology
  • World
  • Indianz.Com

    Native American news, information and entertainment. Owned and operated by Ho-Chunk Inc., the economic development corporation of the Winnebago Tribe. Call us at 202 630 8439 (THEZ)

© Copyright: Indianz.com