As owners of Foxwoods Resort Casino, the Mashantucket Pequot tribe had been living in magnificence for over 2 decades, with its 900 members frequently receiving shared income stipends of around $100k yearly per person.
A quick fleeting look around the Pequot’s small gated reservation in southeastern Connecticut would have revealed ranch-style homes with luxurious cars parked outside, but it now looks like a long period of severity lies ahead for the Native American tribe.
Apparently, Foxwoods Resort Casino has run up around $2 billion in debt, compounded by its $700 million MGM Grand hotel expansion project which opened in 2008. Soon after, demand fell, competition increased, and FBI agents then started visiting the reservation looking into tribal finances leading to the Pequots stopping stipends payments in 2010 as the tribe sought to restructure its colossal debt.
A few years on and the hardship suffered by Pequots has continued, with the tribe currently providing financial advice, help with utility bills and making other aid available to its members. Commenting on the situation, Roslyn Charles, 60, said that the Mashantucket Pequots were a family and would do whatever was necessary to survive the global economic downturn, which was hitting everybody. The elderly tribe member’s sentiment was further echoed in a council statement released recently, which read:
“The community is pulling together in these challenging economic times, and we are eagerly embracing our future with a strong determination to continue growing our business as a major economic force in southeastern Connecticut.”

Macau’s Big Game has been in full swing this week, with two pros faring considerably better than their last trip out to the Chinese gambling enclave.
Earlier this year, Gus Hansen won around US$3.8 million and Sam Trickett $2.3 million playing at the StarWorld Macau’s Poker King Club only to suffer huge downswings the next time they were in town.
Gus Hansen then says he won a HK $4 million (US$515,138) pot before giving some of his profits back on a HK $1.7 million river-bluff against Tom Dwan, who promptly made the call sending the chips his way.
While Gus was right in the thick of things and driving the action once more, it appears Sam Trickett is pushing the boat out too, and tweeted an update as to his fortunes with the following messages:
“Been playing for 12 hours now, just won my biggest pot ever…1st time I have been on the right end of a massive pot all year.”
Although, the 25 year-old Nottingham man refrained from disclosing the size of the pot, we do know Trickett won a huge US$2.5 million hand at his previous vist and the biggest pot played recently totalled HK$30 million (US$3,863,537) so this may give us a ball park figure as to Sam’s win.
Unfortunately, we will now have to wait for Sam Trickett’s blog post before learning any more details but meanwhile we will try to keep you up to date with the latest news coming from Macau as it is released. I will now leave you with the words of Andrew Robl, who described the Macau Big Game as:
“..the biggest cash game at casinos at the moment. The average pot size is about four to five times larger than Las Vegas.”

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