Rodney Butler on Foxwoods Casino, Mashantucket Tribe
Foxwoods Resort and Casino is $2.3 Billion in debt
Foxwoods Casino is an unlikely Connecticut success story. Before 1992, residents never would have guessed they’d have one of the world’s largest casinos in its backyard.
But given the years of profits and massive expansion, the headline of a New York Times Magazine story now seems even more improbable: “Foxwoods is Fighting for its Life.”
The exhaustive piece by Michael Sokolove details the rise of the casino and the resurgence of the Mashantucket Pequot Tribe that created it. It also shows how a bad economy, shrinking revenues, and an over-ambitious expansion plan put the casino some $2.3 billion in debt.
Today, where we live, we sit down with tribal chairman Rodney Butler to talk about Foxwoods’ future - about the gambling business, as more states try to get into the business, and about the tribe’s place in a Connecticut that bills itself as “Still Revolutionary.”