Connecticut Casino Bill To Be Signed Into Law As State Takes Fight to Massachusetts

Connecticut Casino Bill To Be Signed Into Law As State Takes Fight to Massachusetts

The proposed MGM Springfield, which threatens the future of Massachusetts’ tribal video gaming industry.

The New England casino hands race is about to escalate because of the news that Connecticut Governor Dannel P. Malloy will shortly sign into law a bill that would pave just how https://myfreepokies.com for a casino that is tribal the north of state along the Massachusetts border.

Throughout the edge, MGM Resorts International recently broke ground on its $800 million Springfield casino project, signifying a new age of casino expansion for Massachusetts.

In the east regarding the state, meanwhile, Wynn Resorts International won a bid year that is last build a five-star, $1.6 billion resort that is scheduled to be the biggest private development in the annals of Massachusetts, having a grand opening scheduled for some time in 2017.

The losers within the costly battle for that license had been Connecticut’s Mohegan Sun, which now faces a threat to its highly-leveraged properties through the Springfield project.

MGM has said it expects to derive 1 / 3rd of its customers from Connecticut.

Border Wars

Connecticut has sanctioned two casinos in its southeast since the early nineties in return for a percentage of the profits. Only the Mohegans as well as the Mashantucket Pequots, which operate Foxwoods, are allowed to operate casino.

Both, but, were struck hard by the global downturn that is economic of and tend to be each Continue reading “Connecticut Casino Bill To Be Signed Into Law As State Takes Fight to Massachusetts”