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Keyword: foxwoods

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  • UPDATED: Foxwoods in talks with senior lenders

    08/14/2014 5:13:24 PM PDT · by Third Person · 26 replies
    The New London Day ^ | August 14th, 2014 | Brian Hallenbeck
    Mashantucket — Acknowledging its failure to meet the terms of a loan agreement reached in July 2013, the Mashantucket Pequot Tribe, owner of Foxwoods Resort Casino, announced Thursday it’s exploring its options with senior lenders. In a news release issued shortly after 4 p.m., the tribe said it had entered into discussions “as a result of its failure to comply with certain financial covenants in the Credit Facility,” a reference to the agreement between the tribe and Bank of America, N.A. Scott Butera, Foxwoods’ president and chief executive officer, indicated he could not comment on the talks. Earlier in the...
  • (Too Big To Fail) Indian Tribes Seek Federal Bailout Money for Casinos

    03/27/2013 7:04:21 PM PDT · by DogByte6RER · 18 replies
    The Washington Times ^ | March 27, 2013 | Cheryl K. Chumley
    Indian tribes seek federal bailout money for casinos A native-American tribe struggling to keep its Foxwoods Resort Casino in the red is now turning to the U.S. government for a helping hand. The Associated Press reports that the Mashantucket Pequot Tribal Nation has already received more than $4.5 million in grants from the Department of Health and Human Services and from the Interior Department in the last five years. But now members are facing tough times with its casino — which used to be a billion-dollar empire — and are looking at the government for more grants, AP says. Critics...
  • Rapper Jim Jones Arrested After Wild Brawl in CT Casino

    02/27/2012 6:09:57 AM PST · by Cowman · 9 replies
    The Blaze ^ | 25 Feb 2012 | Christopher Santorelli
    <p>The hip-hop artist and actor, whose “We Fly High” was one of 2007′s top-selling rap tracks, was charged with assault on a police officer and breach of peace, state police spokesman Lt. J. Paul Vance said. Vance said he was not certain how the altercation Friday night began. Jones said on Twitter that he posted $40,000 in bond, adding that he “had a ball” while in custody.</p>
  • The wonder, and the fall

    09/13/2009 4:35:09 AM PDT · by raccoonradio · 11 replies · 937+ views
    Boston Globe ^ | 09/13/09 | Jenn Abelson
    LEDYARD, Conn. - When the doors at Foxwoods first swung open in 1992, more than poker fanatics and bingo mavens began trekking to the sparkling new casino nestled in the thick forests of the Mashantucket Pequot reservation. Dozens of Pequots traveled from as far away as California and Hawaii to their native lands in southeastern Connecticut. Many came for the promise of a steady job, and to reconnect with a tribe that had come close to extinction. But Foxwoods did not just help revive the Pequot nation; it made it fabulously wealthy. Within a few years, Foxwoods was the world’s...
  • Police: Man Exposed Self To Girl At Casino

    07/11/2008 8:41:39 AM PDT · by Blue Turtle · 35 replies · 83+ views
    MASHANTUCKET, Conn. -- State police said they had to use a stun gun on a New London man while arresting him for allegedly exposing himself to a 12-year-old girl inside Foxwoods Resort Casino.