![]() ![]() In the coming weeks, I will continue to advocate for this legislation that will allow this project to become a reality. Guyot said the expansion plans are not related to the expansion efforts of competing casinos. MGM also estimates that the state could receive an extra $300 million annually in gambling revenue. Connecticut News from your locally owned & operated news source at the state Capitol since 2005. MGM has committed to creating 7,000 new jobs in our area and paying a $50 million upfront licensing fee to the state. Payments peaked in 2006 at 433 million - 204 million from Foxwoods and 229 million from Mohegan Sun. This project stands to have a significant economic impact on our area. We measure it by the state's 25 percent share of slot machine revenue, the deal that's been in place since Foxwoods opened in 1992, giving it and nearby Mohegan Sun, which opened in 1996, a duopoly on casinos in Connecticut. ![]() Under this proposal, MGM is also seeking to build a workforce development and training program in New Haven to support the casino. MGM has proposed building a $675 million casino and entertainment complex in Bridgeport’s Steelpointe Harbor area. Foxwoods set to expand with new 85 million casino & resort. The bill now heads to the state House of Representatives for further consideration. The estimated completion date of the new property is spring 2025. On March 16, the legislature’s Public Safety and Security Committee approved House Bill 5305, “An Act Concerning a Request for Proposals to Qualify an Entity to Develop a Casino Gaming Facility in the State.” Momentum for expanding casino gaming in Connecticut is growing after a bill that would allow MGM Resorts International to build a casino in Bridgeport cleared a legislative hurdle. ![]()
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