The tribal-run Foxwoods casino in Connecticut has a new president. This comes as revenue is down for the casino, one of the largest in the world.
The Mashantucket Pequot tribe announced John J. James to head the casino this week. James runs the Morongo Casino in California. The tribe says he’ll take over next month.
Tribal chairman Rodney Butler has handled operations since the casino’s former president died last year.
Foxwoods reported this week its monthly revenue is down almost 12% from this time last year. It’s the 12th consecutive drop for Foxwoods. The nearby tribal casino Mohegan Sun, run by the Mohegan tribe, has also reported declines.