Newport Resort Casino

22 Pages 5513 Words

T. F. Green has invested $260 million in new passenger terminals and on landside improvements, $15 million in airside improvements, $25 million in roadway connections to I-95 and is planning an Amtrak station in Warwick.

Income levels of Newport residents are slightly below state averages. Per capita income in Newport is $20,250 or 7.1% below the state average. Median household income is $39,505 or 6.5% below the state average. Slightly less than one-tenth (9.2%) of Newport families are below the poverty level compared to 8.9 percent of families statewide.
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Business Development

Foxwoods Resort and Mohegan Sun are the only two legally authorized gaming operations in New England that offer both traditional slot machines and table games for patron’s entertainment. Foxwoods Resort Casino is located in Ledyard, Connecticut approximately 8 miles off Interstate 95 via Route 2. Foxwoods, which is owned by the Mashantucket Pequot Tribe, opened on February 15, 1992 and is now the largest gaming complex in the world with 400,000 square feet of gaming space. Foxwood’s six casinos offer 354 table games, high stakes bingo, and over 7,200 slot machines. The table games include baccarat, blackjack, craps, keno, roulette, multiple types of poker, and a wheel of fortune. Other games include keno, a race book, and pull-tabs. Several gourmet restaurants, bars, and cafes, as well as a 4000-seat performance arena, nightclub, and dance club, are all located on the premises. Foxwoods also features an arcade, banquet hall, live entertainment, valet parking, meeting and conference facilities, and two large hotels with amenities. The Foxwoods shopping arcade has 23 retail stores, boutiques, and gift shops. The entertainment complex includes more than 1,400 luxury hotel rooms and suites at the Great Cedar Hotel, the Two Trees Inn, and the Grand Pequot Tower. The facility is open 365 days per year and 24 hours a day.

In 2004, Foxwoods completed a $...