The Mashantucket Pequot Tribe gained legal control of their reservation and federal recognition by an act of Congress in 1983, which overrode a veto by President Ronald Reagan. The tribe moved forward with development, and Foxwoods was founded in 1986 as a high-stakes bingo hall on their reservation. The tribe partnered with Lim Goh Tong, a Chinese Malaysian who founded the only legal casino in Malaysia, for financing to expand Foxwoods into a full casino. n 1992, the tribe added table games, followed by additional slot machines in 1993. G. Michael Brown became the chairman of the casino in 1993. In an agreement negotiated with the state of Connecticut, to gain their approval of the casino, the tribe agreed to pay 25 percent of the slot revenue to the state, a sum that amounted to almost $200 million per year as of 2007. In the fiscal year ending June 2008, Foxwoods' 6,300 slots handled more than $9.1 billion. In January 2012, the 'hold' was $45 million. A poker room and a high-limit 30-table game area were added in 1995.
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