Mashantucket Pequot Tribal Nation

  • Overview

Mashantucket Pequot Tribal Nation has propelled itself from the depths of poverty to its lofty position as the wealthiest Native American tribe in the US. With roughly 900 members and a seven-member government council, the tribe owns and operates Foxwoods Resort Casino in Connecticut. Foxwoods comprises six casinos, with a total of more than 6,200 slot machines and 380 gaming tables, plus four hotels (including the MGM Grand at Foxwoods) and the world's largest Bingo hall. Through its Foxwoods Development Company, the tribe develops and manages various hospitality-related enterprises, from a luxury spa hotel and golf courses to a museum and research center dedicated to the tribe's life and history.

Geographic Reach

The group maintains operations in Mashantucket, Connecticut, and in Washington, DC.

Operations

Mashantucket Pequot Tribal Nation, with about 900 members, is governed by a seven-member council. As part of its operations, the tribe operates Connecticut's Foxwoods Resort Casino, which it owns, as well as four hotels and the largest Bingo hall in the world. Its Foxwoods Development Company develops and manages hospitality-related activities, such as golf courses, museum, tribal life research center, and a spa hotel.

The Mashantucket Pequot reservation is one of North America's oldest Native American reservations. Known as "The Fox People," its tribal symbol has the fox at its center, lending itself to the Foxwoods name.

Strategy

The tribe is focused on pursuing development opportunities across a variety of sectors. It concentrates on commercial and tribal gaming, condominiums, hotels, resorts, and golf facilities.

The tribe has been busy making licensing agreements, as well, to capitalize on the Foxwoods name. Foxwoods is wrapping up a three-year agreement, inked in 2010 with entertainment company Live Nation, to change the name of Broadway's Hilton Theatre to the Foxwoods Theatre. Mashantucket Pequot Tribal Nation also has a sponsorship agreement with Madison Square Garden that gives Foxwoods advertising rights during professional sports games played at the Garden, where the Foxwoods logo appears on TV screens and in the arena at the end of New York Knicks, Rangers, Islanders, and Devils games.

Company Background

The tribe is attempting to expand in Philadelphia, but has hit a roadblock. The Foxwoods Casino Philadelphia development includes plans for a $600 million waterfront casino located along the Delaware River across from New Jersey. Mashantucket Pequot Tribal Nation will hold a minority stake, with third party companies and outside investors owning the remainder. However, after repeated delays and difficulty in obtaining financing,  in 2011 the Pennsylvania Gaming Control Board revoked the license to build it. Foxwoods appealed the board's decision, and the case is likely to be tied up in the courts for the time being.

▲ Show Less▼ Show Full Description


Mashantucket Pequot Tribal Nation


2 Matts Path
Mashantucket, CT 06338-3804
Phone: 1 (860) 396-6500
Fax: 1 (860) 3124040
www.mashantucket.com

STATS


  • Employer Type: Private
  • Vice Chairman: Fatima Dames
  • Managing Director: Fritz Kade
  • Senior Marketing Executive: Shawn Wiston

Major Office Locations

  • Mashantucket, CT
  • Mashantucket, CT