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...In 1992, the Mashantucket Pequot Tribal Nation, backed by Genting of Malaysia, opened what became the largest gambling facility in the western hemisphere — the Foxwoods casino in Connecticut....
...The Mashentucket Pequot had overleveraged themselves in expansion and, because the casino was on sovereign tribal land, standard bankruptcy laws did not apply....
...The Mashantucket Pequots, who have maintained the same reservation in Connecticut since 1666, announced in April 2008 plans for a “breathtaking” new $700m resort at its Foxwoods Resort Casino, which was...
...The Mashantucket Pequot Tribal Nation, the native American tribe that owns one of the largest casinos in the US, on Tuesday faces the repayment of a $700m loan as it negotiates with creditors to restructure...
...Foxwoods Resort Casino, the huge complex owned by the Mashantucket Pequot Tribal Nation, is facing severe financial difficulties....
...The Mashantucket Pequot Tribal Nation, which owns Foxwoods, warned this week that it probably would not make a full interest payment on $500m of notes, which would result in a default on December 16, when...
...“[The Sioux] are one of the poorer tribes in the nation – and this is one of the most prominent – but you run into similarities,” he says....
...It is an even shorter ride to the Foxwoods casino in Connecticut, home to the Mashantucket Pequot tribal nation and approximately 7,000 slot machines....
...The Mashantucket Pequots, owners of the Foxwoods casino, teetered on the brink of extinction in the past century. Today 700-800 Mashantucket Pequots live on reservation lands in Connecticut....
...One such was the Mashantucket Pequot, who run Foxwoods, one of two big casinos in Connecticut that receive at least 20m patrons a year....
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