Topic: Foxwoods Resort Casino
The American Indian tribe that operates Foxwoods Resort Casino says it has reached a preliminary deal with most of its senior lenders to extend its current forbearance agreement until the end of April. The Mashantucket Pequot Tribal Nation says that the agreement was originally set to ...
Foxwoods Resort Casino, one of the world's largest, has failed to make a full payment on its debt, leading to a default and another credit-rating downgrade as casinos around the country struggle amid the severe recession. The Mashantucket Pequot Tribal Nation, which owns Foxwoods ...
The Mashantucket Pequot Tribal Council has elected Rodney Butler as chairman of the panel, which governs the eastern Connecticut tribe and oversees its two casinos. Butler was elevated from treasurer to chairman by fellow council members Sunday after he won a third three-year term to the council. He replaces Michael Thomas ...
The chairman of the tribe that runs Foxwoods Resort Casino is warning of "dire financial times" that he says threaten the tribe's living standards. Michael J. Thomas, chairman of the Mashantucket Pequot Tribal Nation, sent a letter to tribal members last week noting earnings ...
