MGM Mirage Teams Up to Expand Casino Resort
Foxwoods Resort Casino is changing its management to prepare for a $700 million expansion in conjunction with MGM Mirage Hotel & Casino. The Mashantucket Pequot Tribal Nation, which owns Foxwoods, has a new casino gambling president and is searching for a 2nd president as part of a restructuring plan to respond to the casino's growth, according to tribal officials.
John O'Brien will take over as president of Foxwoods this week. He was the casino's CFO and an executive vice president. At the same time, Foxwoods is creating a second president's position to oversee the operations of the new hotel and casino it's developing with MGM, said Bruce MacDonald, spokesman for the tribal nation.
"We are gearing ourselves for two major operations," he said. "It was a realization it was time to erect a more elaborate structure. "
Foxwoods is teaming up with gambling giant MGM Mirage on the project, which will use the MGM name.
July 12, 2006
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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