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MGM Resorts Sues CT Over Third Casino

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January 01, 2016

In 2015 the state of Connecticut was sued by MGM Resorts. MGM believes that the state did not give casinos an equal opportunity to bid for the third casino license in Connecticut. A petition had been filed by the state for the lawsuit to be thrown out believing that there is no bases on the matter.

MGM Resorts is opening a new casino in Springfield, MA. The casino is located near the Connecticut boarder. The location was chosen to attract local visitors from Massachusetts, as well as from Connecticut.

In an attempt to prevent Connecticut casino goers from wanting to visit the MGM Springfield casino, the state decided to allow for a third casino to be built. The casino is a joint venture project of the Mashantucket Pequot and the Mohegan tribes.

With the third casino being allowed in Connecticut, it is estimated that projected visitor rates will be lower than expected.

MGM believes that Connecticut was wrong in not opening up the potential casino license to other companies. Not allowing other companies to compete for the third license was unfair.

In the petition filed by Connecticut, commercial casinos are not allowed in the state under the current gaming act. There is also no guarantee that there ever will be in the state.

Lawyers for Connecticut are working towards having the lawsuit dismissed as soon as possible.

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