Foxwoods

World's largest casino.

Headquarters:
Route 2
Mashuntucket, CT 06339
Employees: 8,000
CEO: Scott Butera

Foxwoods changed the landscape of New England with the opening of its resort and casino in 1992. It is the world's largest casino resort based on square feet for gaming. It is located in the forests of Eastern Connecticut on land owned by the Mashuntucket Pequot Indian tribe.

Foxwoods is a 90-minute drive from Boston and three hours from New York. This prime location between two huge cities has made it a popular visitor attraction.

There are six casinos in Foxwoods with 340,000 square feet of gambling space, 7,400 slot machines and 400 table games -- 100 for poker. There is also a bingo hall and race book.

Foxwoods has three different hotels with a total of 1,416 rooms. More than 40,000 people visit Foxwoods each day.

Foxwoods opened a new $700 million expansion in 2008 called MGM Grand at Foxwoods -- in partnership with MGM Mirage -- that includes 2 million square feet of space including a new hotel, entertainment arena, meeting and convention center and more casino space.

Through an agreement with the State of Connecticut, Foxwoods pays 25% of slot revenues to the state. Since January 1993, Foxwoods has contributed more than $3.2 billion to the state entirely from slot revenues.

The casino resort has been hurt by the weak economy and competition from casinos in neighboring states. The new MGM Mirage expansion also put the casino into heavy debt which it is trying to renegotiate with lenders.

Foxwoods laid off 77 employees in the engineering department in June.

History

The Mashuntucket Pequots formed Foxwoods in 1986 initially as a bingo hall. Congress enacted the Indian Gaming Regulatory Act in 1988 which permitted the operation of casinos on Indian land. This would trigger a flurry of new casino development on Indian reservations.

On February 15, 1992, Foxwoods opened its casino offering 170 table games including blackjack, roulette and poker. The $60 million expansion was built next to the original bingo hall and employed 2,300 people from Connecticut and Rhode Island.

On January 1993, Foxwoods struck a deal with Connecticut to offer slot machines in exchange for 25% of the revenues or a minimum of $100 million annually.

Benefits

- Medical, dental, and vision coverage
- 3 tier prescription program
- Disability insurance
- Childcare reimbursement
- Work/life issues support
- Tuition reimbursement
- Paid personal days
- Gym membership reimbursement
- 401(k) plan
- Paid meal time
- Free Parking/Free bus Transportation

Updated November 28, 2012

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