HARTFORD, Connecticut (WWLP)- Connecticut’s two casinos have joined forces to build a third casino to compete with incoming casinos in surrounding states.
Connecticut casinos say if they can put in another casino between Hartford and Springfield they can save 40% of the potential job losses and $250 million in revenues.
Connecticut’s two casinos, Mohegan Sun and Foxwoods Resort signed a partnership agreement Thursday at the states capitol to try opening a third gaming facility north of Hartford to compete with incoming casinos in neighboring states.
Denise Gladue, a Foxwoods employee said, “It’s very scary for us because when they open a lot of our business will probably go stay in Massachusetts.”
A recent study released by the two tribes estimates that about 9,300 people are at risk of losing their jobs if no action is taken. So far about five or six communites along the I-91 Corridor have expressed interest in housing Connecticut’s third casino.
Newly created “MM4CT” will manage the proposal process for selecting the site of the new casino, and Pearce Real Estate will administer the Request for Proposals from towns that are interested in hosting the new facility. They hope to complete the process by the end of November.
Rodney Butler, Chairman of the Mashantucket Pequot Council said, “We are facing a serious challenge to Connecticut’s economy. Outside interest are developing an $800 million casino directly beyond our borders.”
They hope to stop gamers from going to MGM Springfield‘s 3,000 slots and 250 room hotel. The Connecticut tribes want to open their new 300 million dollar casino before MGM.
The Mohegan Tribe Chairman, Kevin Brown told 22News, “We still have to come back to this legislature and convince them that the location that we land with the developer that they team with is the right thing for the state of Connecticut. So we all have our work cut out for us at this point.”
East Hartford, East Windsor, and Windsor have all expressed interest in hosting the casino.
Connecticut lawmakers will have to pass a bill next year to make the third casino a reality.