MGM: Connecticut missed an opportunity to allow a transparent casino process
The casino giant, which is set to open its USD 950M MGM Springfield facility in September 2018, argued that Connecticut legislators "missed an enormous opportunity" by failing to allow potential operators beyond the Mashantucket Pequot and Mohegan tribes into the process.
There were two competing bills working their way through the General Assembly. One to allow the Mashantucket Pequot and Mohegan tribes to build in East Windsor and the other to open the process to any interested entity.
"Connecticut missed an enormous opportunity to put in place an open, transparent and competitive casino process, which could have resulted in as much as $1 billion in economic development, the creation of thousands of jobs and a licensing fee paid to the state of up to $100 million," Uri Clinton, the senior vice president and legal counsel for MGM Resorts International, said in a statement. "What Connecticut got instead was far less than that."
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