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.
NEW HAVEN, Conn. (AP) _ The former chairman of the tribe that owns Foxwoods Resort Casino has been sentenced to 18 months in prison for embezzling more than $100,000 from the tribe. U.S. District Court […]
A group led by Foxwoods announced Friday that it had reached a deal to help finance its proposed $1 billion resort casino in Massachusetts, hours after being told by state gambling regulators that additional financing was one of several conditions it must meet to continue its pursuit of a gambling license.
Foxwoods executives were grilled by Massachusetts gambling regulators on Wednesday after a background check raised questions about the Connecticut casino operator’s ability to successfully manage a proposed $1 billion resort casino in Milford.