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.
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Famous quotes containing the word history:
“We don’t know when our name came into being or how some distant ancestor acquired it. We don’t understand our name at all, we don’t know its history and yet we bear it with exalted fidelity, we merge with it, we like it, we are ridiculously proud of it as if we had thought it up ourselves in a moment of brilliant inspiration.”
—Milan Kundera (b. 1929)
“American time has stretched around the world. It has become the dominant tempo of modern history, especially of the history of Europe.”
—Harold Rosenberg (1906–1978)
“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (1770–1831)