public finance for Fitch Ratings, said if the state did allow MGM to build in Bridgeport, Foxwoods and Mohegan Sun payments could end immediately but it would be years before the new MGM Resorts casino could be built and begin operating. That peaked at 7 million a decade ago and now is about 0 million in annual tax revenue. In exchange for exclusivity, the tribes contribute 25 percent of slot revenues to Connecticut. Officials said revenue generated from that facility would more than make up for revenue the state would lose from the Foxwoods Casino and the Mohegan Sun Casino, both in the southeastern part of the state. Last month, MGM Resorts International revealed plans for a 5 million waterfront casino at Steelpointe Harbor in Bridgeport, Connecticut.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |