The New York Times reported that the tribe that owns the Foxwoods Resort Casino said it was seeking to restructure its debt as revenue slumped, although legal hurdles may complicate reorganization efforts.

The New York Times reported further that Mashantucket Pequot Tribal Nation said it hired the investment bank Miller Buckfire and the law firm Weil, Gotshal & Manges to negotiate with its bank group.

To read the entire New York Times story, click here.