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April 25, 2006

Updated: MGM Mirage, Foxwoods announce partnership

LEDYARD, Conn. -- MGM Mirage will bring its marketing and casino expertise to Foxwoods Resort Casino in Connecticut in a partnership joining one of the the world's largest gaming corporations with the Indian tribe that runs one of the world's most successful casinos.

The deal, announced this morning, will put MGM's name on a new hotel and casino on the Mashantucket Pequot reservation but leave control of gaming operations to the tribe.

The arrangement opens the lucrative New England market to MGM and opens the world to the Mashantuckets.

The two sides will share a customer database, entertainment bookings and join in development projects outside the Mashantuckets' home in Ledyard, Conn.

The agreement comes as a $700 million expansion is under way at Foxwoods that includes the hotel and other facilities.

More to come in tomorrow's Journal and on projo.com ...

-- Journal staff writer Paul Grimaldi

CORRECTION: An earlier Associated Press report on this subject incorrectly said that MGM would open the hotel and casino.

Posted by Jack Perry  at 3:26 PM | Permalink

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