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Benedict Predicts the Fall of Foxwoods

WEST HARTFORD – At a breakfast organized by the Yankee Institute, author Jeff Benedict predicted the eventual collapse of Foxwoods as one of Connecticut’s most lucrative enterprises.

Courant reporter Rick Green covered the event held at Rockledge Country Club in West Hartford:

The big question will be whether foreign bankers — who have financed the casino’s striking success and who now watching as the Mashantuckets are unable to pay back hundreds of millions of dollars in loans — will be able to take control of a casino on American soil.

Benedict’s book “Without Reservation” was a revealing look inside the creation and organization of the Mashentucket Pequots, the group that built Foxwoods Casino and Resort in southeastern Connecticut.

Yankee Staff

Yankee Institute is a 501(c)(3) research and citizen education organization that does not accept government funding. Yankee Institute develops and advances free-market, limited-government solutions in Connecticut. As one of America’s oldest state-based think tanks, Yankee is a leading advocate for smart, limited government; fairness for taxpayers; and an open road to opportunity.

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