MMCT Venture, the company created by the tribes, also needs to finish designing its new gambling and entertainment center and obtain financing while dealing with the legal challenges expected from MGM and others.
“We’ve got a few things in the hopper, a few things we have to focus our efforts on to get to the conditions where we can put shovel in the ground,” said Mohegan Tribal Council Chairman Kevin Brown. “We are positively on a path to do that.”
Brown said he hopes construction can begin by the end of this year.
Early Wednesday, the final day of the legislative session, the House of Representatives gave final approval to a bill authorizing the 200,000-square-foot casino, which is expected to have 2,000 slot machines and 50 to 150 table games. Under the bill, the state will receive 25 percent of the revenue generated from the slot machines and table games.
““Democratic Gov. Dannel P. Malloy said Thursday he anticipates he will sign the bill.
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Malloy will then have to sign off on an amended compact between the state and the tribes, something Brown said will clarify the tribes’ existing exclusive rights to casino gambling Connecticut, adding how “it’s changing nothing.” The federal Bureau of Indian Affairs, which has provided technical assistance letters saying the new casino won’t threaten the state’s existing revenue-sharing agreement with the tribes, needs to formally sign off. Brown said he expects that process will take six weeks.
MGM, which lobbied against the bill, has called the whole process unfair. It has a lawsuit pending against the state. Uri Clinton, senior vice president and legal counsel for MGM, said the company will “continue to vigorously advocate in the courts as we seek to protect the constitutional rights of any company hoping to do business in Connecticut.”