Latest Casino News


Mashantuckets to generate own power

RezNet,  Monday, January 18, 2010 at 1:16:56 AM

The Mashantucket Pequot Tribal Nation is spending millions to retool its power system, generating electricity while heating and cooling Foxwoods Resort Casino.

The tribe in eastern Connecticut says it will start testing the $34 million project this spring and will bring it online in June.

Initially, it is expected to provide nearly 60 percent of the tribe's electricity needs and heat and cool the casino. the source
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Tribe-owned casino in 'dire' financial straits

MSN Money,  Thursday, August 27, 2009 at 12:17:22 PM

The recession has taken a huge swipe at Las Vegas casinos, and now it's knocking on Foxwoods' door.

The Mashantucket Pequot Tribal Nation, which owns Foxwoods Resort Casino, is close to defaulting on a $700 million line of credit with lenders, according to the New London (Conn.) Day. The tribe has a payment due early next week.

Foxwoods is also trying to restructure $2.3 billion in debt, the tribe said in a statement, announcing that it has hired the investment bank Miller Buckfire and the law firm Weil, Gotshal & Manges to negotiate with its bank group. the source
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Foxwoods adds popular Asian casino feature: Rolling Chips

Day,  Tuesday, December 23, 2008 at 9:35:34 AM

Catering to its Asian clientele, Foxwoods Resort Casino introduced a "rolling chips" program for baccarat players Monday, becoming the first U.S. casino to offer a promotion popularized by casinos in Macau.

Foxwoods has also promoted its top Asian marketing executive to senior vice president and announced that it is opening a new Asian restaurant.

"We've always been a leader in service to the Asian community. This is a continuation of that," Joe Jimenez, Foxwoods' senior vice president of casino marketing, said Monday of the new program. the source
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Foxwoods CEO loses job as layoffs loom at casino

Newsday,  Tuesday, October 7, 2008 at 10:42:56 AM

Mashantucket, Connecticut -- The chief executive officer of Foxwoods Resort Casino has become among the first of about 700 employees to lose their jobs because of cost-cutting.

The Mashantucket Pequot tribe, which owns the casino, says Patricia Irvin's last day as CEO was Friday. It is among about 700 positions slated to be cut by Oct. 17 through layoffs or attrition.

The CEO job has been eliminated, and its duties will be shared by the acting president of Foxwoods and the general manager of its MGM Grand facility. the source
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Flasher suspect tasered at casino

Day,  Saturday, July 12, 2008 at 3:39:27 PM

Mashantucket--A New London man who allegedly exposed himself to a 12-year-old girl in the Tree House Arcade within Foxwoods Resort Casino Thursday night was shot with a Taser after he attempted to flee the casino.

Shelton Hendricks, 49, of 15 Grand St. allegedly exposed himself to the girl while she was in the arcade. The incident happened around 10 p.m.

While members of the state police Casino Unit interviewed Hendricks, he fled and ran into an adjacent parking lot, where he was tasered and subdued. the source
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