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Monkey Slots - FOXWOODS SLOTS GROW WITH MGM HELP
One of the largest slot machine filled casinos in the Northeast is
preparing for an expansion with the help of a familiar name in the casino
and slot machine industry. Foxwoods and MGM Mirage Inc. have decided to
announce their massive collaboration on an expansion of the current Foxwoods
Resort by the Nantucket Pequot Tribe in Connecticut. The expansion is slated
to cost over seven hundred million dollars, and includes a new resort hotel
along with a casino and fifteen hundred additional slot machines all bearing
the brand of MGM.
The Foxwoods Resort itself is interested in expanding its convention and
entertainment business to include the resources of MGM's already present 22
million customer base that spans multiple countries, not to mention 24
states. MGM looks forward to entering the prosperous Northeastern casino and
slot machine scene with the guiding hand of a giant in that particular
market. The two company's plan to expand their relationship beyond the
Connecticut casin to reach such exotic destinations as the U.S. Virgin
Islands.
The Northeastern expansion, however, is the main focus of their
collaboration at this point with a 825 room luxury hotel, a convention
center plus ballroom, stylish nightclubs, and a 5,000 seat theatre in order
to utilize the MGM wealth of high profile entertainment connections. And
given the state arrangement with the tribe to receive one-quarter of all
profits from slot machines, there is sure to be little resistance for the
area of governmental approval given the overall increase of revenues
delegated toward the state itself. |