“I am not fully confident that MGM is interested in building a casino here in Connecticut,” Rep. Chris Davis (R-Ellington) explained.<\/p>\n
Allowing a competitive bidding process for a third casino in Connecticut would be no easy task.<\/p>\n
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The state would essentially be forced to rewrite its commercial gaming laws, which might\u00a0require voter approval through a constitutional referendum. Connecticut’s gaming compact with the two tribes, which mandates they share 25 percent of their slot and table game revenue with the state, would also be in jeopardy.<\/p>\n<\/div>\n
That’s why Rep. John Fonfara (D-Hartford) believes its best\u00a0bet is to go with the tribes’ proposal.<\/p>\n
“Much of the testimony so far is about if you’ve had a bird in the hand and you’ve had a bird in the hand for many years and benefited from that bird and now we’re being dazzled by the potential of something else,” Fonfara said, as reported by theHartford Courant<\/i>. “That doesn’t leave a lot of people comfortable in that we should grab for something shinier and end up with something worse.”<\/p>\nEmpirical Decision<\/b><\/h2>\n
MGM says Connecticut, if it wants to protect gaming revenue, should strongly consider authorizing a casino in the southwestern part of the start near the New York border. Lawmakers, however, don’t think it would work.<\/p>\n
A ban on New York City having a casino is scheduled to expire in 2020, and when it does, many believe the state will motion to allow some form of gaming to come to the Big Apple.<\/p>\n
The committee tasked with deciding the path forward for\u00a0a third Connecticut\u00a0casino will continue its discussions next month.<\/p>\n","protected":false},"excerpt":{"rendered":"
MGM Resorts is in Connecticut this week trying to make its case against the state giving the Mashantucket Pequot and Mohegan Native American tribes permission to build a satellite casino in East Windsor. The tribal partnership is justifiably\u00a0concerned that MGM’s $950 million resort in Springfield, Massachusetts, will siphon gaming dollars from Connecticut’s two casinos. Springfield […]<\/p>\n","protected":false},"author":42,"featured_media":48609,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,18,61],"tags":[],"acf":[],"yoast_head":"\n
MGM Resorts Ramps Up Fight Against No-Bid Connecticut Tribal Gaming Expansion<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n