Foxwoods Casino CEO Jason Guyot Leads Tribal Gaming Property in Competitive Market
Foxwoods Resort Casino CEO and President Jason Guyot continues to live at the helm of the CT gaming attribute as it offers unexampled and progressively various attractions.
With him inwards electric charge since 2021, many amenities are opening, or are beingness planned, at the more than 9-million square-foot complex.
On Tuesday, the casino had a thread lancinate for the awaited(p) Pequot Woodlands Casino.
“We took a 50,000 square-foot dance palace and transitioned it into a massive, spic-and-span casino with a 40-seat bar, a young high-limit one-armed bandit area, 24 table games, over 430 one-armed bandit machines, and it’s flop in the nerve centre of the property, creating this dynamic hub of activity,” Guyot told Casino.org inward a recent interview.
Multiple restaurants including Gordon Ramsay’s Hell’s Kitchen are adjacent.
Casino Career
Guyot is no more alien to the casino. He’s a member of the Mashantucket Pequot tribe, which has operated the cassino since its founding inward 1992.
He has worked as a gambling casino executive over many years and led the dimension as it emerged from the pandemic.
While Guyot was Foxwoods’ senior vice president of resort hotel operations, a master contrive was highly-developed in 2020.
That control contrive … is a five-year outlook on where we wanted to proceed as an organization, what the private-enterprise(a) landscape painting looked like, what other challenges … we were sledding to face as we moved into the future,” he explained.
So far, it has led to the cassino expansion, a high-stakes bingo hall, an expo center, and unexampled restaurants.
Looking ahead, Great Wolf Lodge also is under twist at the property. When complete, it testament be a $350 million-plus, 90,000-square-foot indoor waterpark featuring home entertainment and housing to a greater extent than 550 hotel rooms.
Increasingly various attractions testament potential lede to yearner stays by guests, too. The electric current average out length of stick around is nearly single to deuce days, Guyot said.
“We trust that’ll persist in to raise as we get more amenities and to a greater extent options.”
Existing amenities also preserve to attract visitors, such as the 36-hole golf course, the Tanger Outlet Mall, deuce big theaters, two spas, and indoor karting.
The young attractions permit Foxwoods to remain competitory as other gaming properties feature either opened inwards the northeastern United States or are planned. But they only when typically offer up slots and tabular array games, and maybe entertainment.
“We hold the power … [to] bid a full structured resort hotel destination with gaming… Our get … is far beyond anybody else’s go through that they can buoy receive within this Northeast region,” Guyot said.
New York Competition
Foxwoods officials also are watching as casinos are proposed in nearby New House of York City.
If it [a unexampled downstate casino] is inward Manhattan, it’ll live more of a holidaymaker option, he said. If it’s in 1 of the other boroughs, it would in all likelihood get to a greater extent wallop on casinos in Connecticut, or fifty-fifty Massachusetts and Philadelphia, he added.
But they won’t feature 1,200 acres of set ashore surrounding it the likes of we do, 36 holes of golf, and all of the … options that we hold correct here at Foxwoods. So that’ll proceed to be an edge and an chance for us.”
Nationally, many casinos are opting to offer integrated resorts, similar to Foxwoods, to remain competitive, Guyot said.
National Changes
The gaming manufacture continues to develop with the oncoming of sports betting and online gaming, Guyot said. Traditionally, he added, location and convenience differentiated casinos.
If you are closer to a large mathematical group of guests, and so you’re going to get more traffic. And I think what breaks the paries downwardly from that is the oncoming of iGaming, where location is irrelevant. It’s product based, it’s technology, it’s marketing, and so I reckon that’s sledding to follow a practically more unique competitive set as we run forward,” Guyot said.
Looking ahead, Guyut predicts on that point could follow consolidation of some retail casinos as iGaming continues to expand.
Foxwoods is Trailblazer
As the changes unfold, Foxwoods will follow a continuing simulate for other gaming properties, Guyot added.
“I really feel same we’ve been a trailblazer at Foxwoods since we opened in 1992, from an industry perspective, and specifically in the Native American gaming sector,” he added.
“It was Atlantic Ocean City, Las Vegas, and Foxwoods.”
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