'These are dire financial times for our tribe,' Thomas wrote in the letter, obtained by The Associated Press on Wednesday. He also noted the likely legalization of gambling in Massachusetts and New York will eat away at profits and market share. Thomas, chairman of the Mashantucket Pequot Tribal Nation, sent a letter to tribal members last week noting earnings 'are down considerably' in the recession with no signs of immediate improvement. The chairman of the tribe that runs Foxwoods Resort Casino is warning of 'dire financial times' that he says threaten the tribe's living standards. (AP Photo/Hard Rock Cafe, Jessica Hill) Mark Tremonti, former lead guitarist for the group Creed performs with the music group Alter Bridge at the Hard Rock Cafe at Foxwoods Resort and Casino on Friday, May 4, 2007, in Ledyard, Conn.
