CEO Of Foxwoods Resort Casino Resigns
Scott Butera, the CEO of the Foxwoods Resort Casino, is resigning his position effective Oct. 31.
Butera will pursue “a rare opportunity outside of the gaming industry,” according to a press release from the Mashantucket Pequot Tribal Nation. He will stay with Foxwoods as a senior adviser on financial and strategic matters and will continue all negotiations with lenders.
According to the press release, Butera helped stabilize the resort and casino’s financial situation through a debt restructuring and rebuilding the management team.
In May 2015 a Tanger Outlets mall will open at the resort, which is expected to bring in three million visitors annually.