The tower bearing the MGM name opened in 2008 at a cost of $700 million.įoxwoods, the largest casino complex in North America, is owned and operated by the Mashantucket Pequot Tribal Nation. The licensing agreement was signed in 2006 as MGM was looking to increase its brand recognition on the East Coast, and Dumont said the relationship with Foxwoods did not go beyond use of the MGM name. “When we looked at the master plan for the resort and our current opportunities, it was obvious that the iconic brand of Foxwoods needed to be at the forefront of our transformation,” Butera said in a written statement. MGM, which is based in Las Vegas, wants to avoid confusing consumers as it pursues a bid to build its own casino Springfield, Mass., spokesman Clark Dumont said.įoxwoods President and CEO Scott Butera said the renaming of the tower is part of a campaign to reinvigorate the Foxwoods brand that will include improvements to the property. MGM is ending its partnership with the casino as it focuses on its bid to build a casino in Springfield, Mass. In this November 2010 file photo, the MGM grand tower at Foxwoods Resorts Casino rises over the landscape in Ledyard, Conn. Subscribe - Black Friday Preview Sign In My Account Logout Primary Menu ☰ X
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