![]() The proposal submitted by MGM has caused controversy owing to a dispute between MGM and Connecticut last month. Further tempting governors, MGM claimed that the casino would create more than 2,000 permanent jobs and a tax revenue stream of $316m per year.Ĭommenting on the proposal, Uri Clinton, senior vice president and legal counsel for MGM Resorts International said: “The easy analysis is Bridgeport has 7.3% unemployment.” Casino Controversy The proposal comes at a time of financial strain for Connecticut due to a budget impasse, and the loss of large pharmaceutical firm Alexion and General Electric, Aetna. The resort that would open in 2021, would offer 2,000 slot machines and 160 games to gamers. The unsolicited proposal, envisioned the building of a 300 room hotel with an estimated 100k square foot casino that would also encompass roughly 30k square foot of retail space. They are also focusing on their home market. ![]() This is the company that already has some big plans in the pipeline, such as an MGM Japan complex. Global casino firm, MGM Resorts, caused controversy on Monday by submitting a $675m bid to build a casino in Bridgeport, Connecticut. MGM Resorts stuns Connecticut with unsolicited $675 Million Bridgeport Casino Bid
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |