History
Foxwoods was founded in 1986 as a bingo hall. The casino was financed by Lim Goh Tong, a Chinese Malaysian who founded the only legal casino in Malaysia. Lim died in October 2007.
In 1992, the owners, the Mashantucket Pequot Tribe, added table games, followed shortly by slot machines in 1993. G. Michael Brown became the chairman of the casino in 1993. The casino agreed to pay 25 percent of their slot revenue to the state of Connecticut, a sum that now amounts to almost $200 million per year as of 2007.
A poker room and a high-limit game area with 30 tables were added in 1995. A smoke-free casino, designed for non-smokers, was completed in 1996. In 1997, a deluxe tower, the Grand Pequot Tower, was opened for business.
Read more about this topic: Foxwoods Resort Casino
Famous quotes containing the word history:
“Revolutions are the periods of history when individuals count most.”
—Norman Mailer (b. 1923)
“Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.”
—Henry David Thoreau (1817–1862)
“While the Republic has already acquired a history world-wide, America is still unsettled and unexplored. Like the English in New Holland, we live only on the shores of a continent even yet, and hardly know where the rivers come from which float our navy.”
—Henry David Thoreau (1817–1862)