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Foxwoods signs Bahamas deal

21 February 2008

CONNECTICUT -- As reported by the Hartford Courant: "Owners of Foxwoods Resort Casino are joining forces with an Irish property development company to redevelop a resort on Grand Bahama Island.

"Foxwoods Development Co. announced today that it reached an agreement with Harcourt Developments to renovate and reopen the Royal Oasis Resort, which has been shuttered since 2004 because of severe damage from hurricanes Frances and Jeanne.

"A press release distributed by Foxwoods, which is owned by the Mashantucket Pequot tribe of southeastern Connecticut, said Harcourt is working with the tribal development company 'to develop and manage' the resort.

"...The reopened Royal Oasis would include 650 hotel rooms, a casino, shopping and restaurants and two golf courses. Harcourt currently owns properties in the Bahamas as well as England, Ireland and the United States...

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