The Mashantucket Pequot Tribal Nation of Connecticut continues to negotiate with its lenders over $1.3 billion in gaming debt.
The tribe has been unable to make payments on the debt since last fall. A $700 million revolving credit is due July 13 so talks have taken on a new urgency, The Wall Street Journal reports. Revenues at Foxwoods Resort Casino and MGM Grand at Foxwoods have fallen consistently over the past year. Get the Story: