Connecticut Casino Owners Provide Money and Expertise To Racino - 2004-02-19
The Mashantucket Pequots, proprietors of Foxwoods Resort Casino, are lending money and expertise to two American Indian tribes in Maine that anticipate running a slot machine operation at a harness track in Bangor.
Horse and dog track operators within the country have installed slot machines over the past several years to offset lagging revenues. Racinos are popular -- and highly lucrative ---- even though they do not have table games or offer the level of amenities found at full-scale casinos.
Read the full story at Miami Herald