MMCT closer to the Connecticut casino
The House of Representatives approved the documents that would allow the first tribal Connecticut casino in non-tribal land.
US.- The MMCT venture, conformed by the Mashantucket Pequot and the Mohegan tribes, is one step closer to reaching its goal of developing the first tribal Connecticut casino in non-tribal land. The House of Representatives approved the amended compacts and the memorandum of understading between the state and the tribes.
Both were signed by Governor Dannel Malloy and the tribal leaders and will make sure that the potential gaming facility in East Windsor doesn’t compromise the current revenue-sharing agreements with the tribes. Now, as CalvinAyre reported, the compacts will proceed to the Senate and the federal Bureau of Indian Affairs for approval.
The US$300 million casino project the MMCT plans to develop in East Windsor surged as a response to the MGM Springfield, that will open in 2018, just across the Massachussetts border. MGM tried to get a casino for themselves within Connecticut in order to shut down any potential tribal competition, but their campaign ultimately failed.
Last month, Gov. Malloy also authorised the operation of an entertainment and casino gaming facility in East Windsor through the signing of Public Act 17-89. This foresees an initial US$1 million payment from the MMCT to the state, as well as 25 percent of GGR from the casino’s video facsimile games and another 25 percent of GGR from all other authorised games.
Connecticut Department of Consumer Protection will have oversight, licensing and regulation over the development (and any future casino project) according to the legislation, and the MMCT will borne the costs of said regulatory oversight.
