From Emilie Munson, CT Post:
The city of Bridgeport and Connecticut’s two Native American tribes are close to a deal that would deliver a casino resort worth at least $350 million, a development that could unseat MGM Resorts International’s larger plan for Bridgeport harbor.
Mayor Joe Ganim, legislators and the tribes held several meetings Thursday to negotiate a deal. Those conversations are ongoing, but a preliminary proposal drafted by the city, and conversations with people involved in the talks, point to a midsize casino and large hotel resort.
The plan would need approval from the state House and Senate and governor to move forward–which could happen early next week. No location is named in a draft of the legislation, but the parties are discussing several sites, sources said.
This latest foray marks a new milestone in Bridgeport’s decades-long effort to host a casino, a history that included a developer in the early 1990s by the name of Donald J. Trump. Although the tribes’ plan would be much smaller than the $675 million MGM proposal on the harbor, it appears more likely to win approval in the General Assembly–where the tribes’ supporters have fought MGM vociferously for years.
“We’re trying to find a happy medium that is good for the state, good for the tribal nations and good for the city of Bridgeport,” said Rep. Chris Rosario, D-Bridgeport, who has participated in the negotiations. “The idea of the city of Bridgeport settling for a slot box, or some parlor, that’s out.”
Full story here.