Connecticut’s Foxwoods Resort Casino has failed to make a full payment on its debt, leading to a default and another credit-rating downgrade as casinos nationwide struggle amid the recession.

The Mashantucket Pequot Tribal Nation, which owns Foxwoods, said it has paid $14.2 million of the $21.25 million semi-annual interest payment that was due Monday on $500 million in debt notes. The tribe said it does not anticipate paying the balance within a 30-day period, resulting in a default.