Mashantucket Pequot Council Treasurer Rodney Butler has been picked to be chairman of the Mashantucket Pequot Tribal Nation, after winning his third term on the council. Butler's election comes amid great financial challenges for the owners of Foxwoods Resort Casino and MGM Grand in Connecticut. The Mashantucket Pequots recently announced a plan to restructure $2 billion in debt. 

"These are challenging times on a number of fronts," Butler said in a statement. "But throughout history, our nation has encountered many challenges and has always emerged on the other side brighter, stronger and more independent than before."

His three-year council term begins January 1. 

By GGB Staff

Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.