The Mashantucket Pequot Tribal Nation of Connecticut expects gaming revenue to decline in fiscal year 2013, The Wall Street Journal reports.
Revenue at Foxwoods Resort Casino is expected to hit $1.1 billion, the paper said. That's down 1 percent from the year prior.
The facility has struggled since recession. But the tribe just completed a deal to restructure $2.3 billion in debt to $1.7 billion.
As part of the deal, Foxwoods will report quarterly earnings and hold investor and analyst meetings, CEO Scott Butera told the Journal.
Get the Story:
Casino Owner Reaches Debt Deal (The Wall Street Journal 6/30) Related Stories:
Mashantucket Tribe finalizes deal to restructure gaming debt (06/26)
Casino Owner Reaches Debt Deal (The Wall Street Journal 6/30) Related Stories:
Mashantucket Tribe finalizes deal to restructure gaming debt (06/26)
Join the Conversation