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March 29, 2006

Foxwoods CEO to retire

NEW HAVEN, Conn. -- William Sherlock, who has been engineering Foxwoods Resort Casino's transition into a destination resort with less reliance on gambling revenue, announced today that he will retire at the end of the year.

The Mashantucket Pequot Tribal Nation, which owns the casino, said a national search is underway to find Sherlock's successor.

During Sherlock's six-year tenure as chief executive officer, which made him the casino's longest-serving CEO, Foxwoods added new nightclubs and restaurants and opened an $80 million golf course. It also broke ground on a $700 million expansion that will include an 825-room hotel, convention space and more restaurants and nightclubs.

Read the full story.

-- The Associated Press

Posted by Jack Perry  at 3:25 PM | Permalink