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:
“Spain is an overflow of sombreness ... a strong and threatening tide of history meets you at the frontier.”
—Wyndham Lewis (1882–1957)
“The history of the Victorian Age will never be written: we know too much about it.”
—Lytton Strachey (1880–1932)
“All things are moral. That soul, which within us is a sentiment, outside of us is a law. We feel its inspiration; out there in history we can see its fatal strength.”
—Ralph Waldo Emerson (1803–1882)