Foxwoods, the largest casino resort in North America, is reducing its number of slot machines and table games to free up space for nightclubs and other new attractions as it adapts to fierce competition, the new CEO said in an interview with The Associated Press.
The tribe that owns and operates the Foxwoods Resort Casino has announced a new chief executive officer.
Connecticut’s Indian-run casinos are reporting declines in slot machine betting and revenue in October.
A federal appeals court on Friday upheld the conviction of a former Mashantucket Pequot chairman who was found guilty of embezzling more than $100,000 from the tribe.
The tribe that runs the country’s largest resort casino is showing new signs of strain under the weight of its billion-dollar debt, saying it has had to review its options with senior lenders as a slump continues to batter the Foxwoods Resort Casino.
Three gamblers have filed a lawsuit against Foxwoods Resort Casino alleging the eastern Connecticut establishment failed to pay them more than $1.1 million they say they won in a table game in 2011 and didn’t give them back a $1.6 million deposit they put down to cover any losses.
Foxwoods Resort Casino has announced plans to cut some hours of operation on portion of its gaming floor.
Connecticut’s two tribal-owned casinos have released data showing slot-machine revenue rose slightly in February at the Foxwoods Resort Casino but declined at Mohegan Sun.
Fall River’s mayor and Connecticut-based Foxwoods have unveiled a plan to build a $750 million resort casino in Fall River, saying it would bring thousands of jobs and become a tourist destination in the region.
Foxwoods is looking to make another attempt at entering the Massachusetts casino market, this time in Fall River.