mgm casino bridgeport ct construction progression

“I continue to believe they (MGM) have no intention of putting anything in Bridgeport.”

“I cannot say any stronger that we have partners that work with us already - reliable partners that have been with us for 25 years,” she said, referring to the tribes. Cathy Osten, a Sprague Democrat, was unmoved by MGM Resorts’ statement. “Just as other jurisdictions in the northeastern region of the United States have modernized their gaming laws to take advantage of shifting market dynamics, we renew our call on Connecticut to do the same,” it said. “We continue to believe that with its proximity to the New York City (metropolitan area) and its excellent existing infrastructure, Bridgeport provides substantial opportunity to unlock real value for not only a casino developer, but for the people of Connecticut and the state itself.' “For years, MGM Resorts has been unwavering in its interest in Connecticut, and in Bridgeport in particular, but thus far Connecticut has rejected all attempts to have an open competitive process for a commercial casino license,” it said. “While we remain hopeful that Connecticut will build on this year’s legislative progress and ultimately authorize a competitive process for a commercial casino license, the state’s delay will not deter us from executing our company’s comprehensive growth strategy,” the Las Vegas-based operator said. The legislature adjourned this month without authorizing such a process. In a statement, MGM Resorts stressed its commitment to Bridgeport, where it unveiled plans for a $675 million resort casino last September, announcing it intended to push for the Connecticut legislature to establish a competitive-bidding process for a commercial casino license. The tribes, partners in a plan to develop an East Windsor casino as a hedge against the Massachusetts facility, declined to comment Tuesday on MGM Resorts’ latest acquisition.

The Mashantucket Pequot and Mohegan tribes, respective owners of Foxwoods Resort Casino and Mohegan Sun, expect to lose significant business to MGM Springfield. In less than three months, MGM Resorts plans to open MGM Springfield, Massachusetts’ first full-blown resort casino, a few miles from Connecticut’s northern border. MGM Resorts International came at Connecticut from another angle Tuesday, announcing it's buying Empire City Casino, a Yonkers, N.Y., racetrack casino, for $850 million while remaining committed to its plan to build a Bridgeport casino if the state authorizes one.

Mgm casino bridgeport ct construction progression