When ya roll out of bed Saturday morning take a chance on Housatonic Community College.
MGM Resorts International is sponsoring a Connecticut Gaming Symposium at HCC to share logistics of a proposed commercial destination including procurement process, jobs, traffic, public safety, regulation and economic impact. The event is scheduled from 9:30 a.m. to 1 p.m. in Beacon Hall.
MGM has pitched a $675 million waterfront spectacular at the Steelpointe Harbor redevelopment area in partnership with Bridgeport Landing Development that owns the property. The Connecticut legislature is weighing a bill that calls for an open, competitive process for a commercial casino with Bridgeport the likely destination, if approved.
MGM Chief Executive Officer Jim Murren is a Bridgeport native.
Connecticut’s tribal nations that own Foxwoods and Mohegan Sun operate under a gaming monopoly that provides 25 percent of the slot take to the state in exchange for exclusivity. A change in the compact that goes back more than 25 years requires legislative approval. Commercial gaming and sports betting are both key pieces for new state revenues.
The intersection of gaming, politics, government, positioning and proposals is one gigantic swirl, be it what MGM proposes, the tribal nations or a potential marriage. How this shakes out, no one really knows.
Mayor Joe Ganim and New Haven Mayor Toni Harp are expected to deliver remarks about the potential economic impact to Connecticut’s two largest cities. The MGM proposal includes a job training center in New Haven.
State legislators and area business leaders will serve among the panelists.