Hartford ― State lawmakers signaled Monday that if a bill renaming the Thames River is to go forward, the Mashantucket Pequot and Mohegan tribes might have to agree on what the river should be called..
Hit hard by COVID-19 shutdowns, Native American tribes with casinos are taking a closer look at diversifying their portfolios to help keep their sovereign nations economically strong for future generations. The Mashantucket Pequots own the Foxwood Resort Casino complex in southeastern Connecticut. The tribe announced last summer that its investment arm acquired a Florida-based management consulting firm that works with various federal agencies. The acquisition marked the tribe’s latest foray into federal government contracting. Other Native American tribes also are looking beyond the casino business after the coronavirus crisis. Some are involved in a wide range of non-gambling businesses, such as trucking, construction, health care and marketing.
When the COVID-19 pandemic shuttered Foxwoods Resort Casino in Connecticut for three months in 2020, its owners, the Mashantucket Pequot Tribal Nation, had to.
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