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Lamont, Tribes Reach Agreement on Gambling Expansion

Lamont, Tribes Reach Agreement on Gambling Expansion

by The Associated Press | Mar 18, 2021 | Commercial & Industrial, CR Daily, Industry News

Gov. Ned Lamont’s administration has reached an agreement with Connecticut’s two federally recognized Native American tribes on a comprehensive gambling expansion plan that could eventually lead to sports wagering and online gambling.

Former Trump Casino Dynamited in Atlantic City

Former Trump Casino Dynamited in Atlantic City

by The Associated Press | Feb 18, 2021 | Commercial & Industrial, CR Daily, Industry News

A spot on the Atlantic City Boardwalk where movie stars, athletes and rock stars used to party – and a future president honed his instincts for bravado and hype – was reduced to a dusty pile of rubble on Wednesday.

MGM Resorts Lays Off 1K at MA Casino

MGM Resorts Lays Off 1K at MA Casino

by The Associated Press | Aug 31, 2020 | Commercial & Industrial, CR Daily, Industry News

MGM Resorts is laying off 18,000 people as an unchecked pandemic leaves economic scars across a broad swath of U.S. industries, particularly those that rely on healthy crowds of people, including 1,000 at its Massachusetts casino.

Casinos Report Strong Revenues After Reopening from COVID-19

Casinos Report Strong Revenues After Reopening from COVID-19

by The Associated Press | Jul 16, 2020 | Commercial & Industrial, CR Daily, Industry News

Connecticut’s two tribal casinos on Wednesday reported strong slot revenues for June, the first month they’ve been partly open since closing for nearly three months because of the coronavirus pandemic.

Legislators Told Sports Betting Would Boost Bridgeport Real Estate

Legislators Told Sports Betting Would Boost Bridgeport Real Estate

by The Associated Press | Mar 4, 2020 | Commercial & Industrial, CR Daily, Industry News

State lawmakers are revisiting a proposal to greatly expand the gambling reach of Connecticut’s two federally recognized tribes, but the governor expressed doubts Tuesday whether that’s the right approach this year.

MGM Resorts Lays Off 1K at MA Casino

Springfield Casino Operators Optimistic Despite Revenue Shortfall

by The Commercial Record | Aug 20, 2019 | Commercial & Industrial, CR Daily, Industry News

Even though it is over $14 million off its first-year monthly revenue projections, the president of MGM Resorts International is calling the company’s Springfield casino a success.

Lamont, Tribes Reach Agreement on Gambling Expansion

Could Bridgeport Casino Make Special Session Appearance?

by The Associated Press | Jun 10, 2019 | Commercial & Industrial, CR Daily, Industry News

There’s still a chance that a wide-ranging deal on expanded gambling in Connecticut, one that could possibly include sports betting, internet gambling and a Bridgeport casino, could be reached in the coming months

Wynn Execs Argue They Should Keep MA Casino After Corporate Housecleaning

Wynn Execs Argue They Should Keep MA Casino After Corporate Housecleaning

by The Commercial Record | Apr 4, 2019 | Commercial & Industrial, CR Daily, Industry News

Pledging that the company has undergone a “transformation” since Steve Wynn left the last year while embroiled in sexual misconduct allegations, Wynn Resorts on Tuesday set out to convince the Massachusetts Gaming Commission that it remains suitable to hold the lucrative Boston-area casino license.

Lamont, Tribes Reach Agreement on Gambling Expansion

Mass. Regulators Authorize Settlement to End Wynn Lawsuit

by The Associated Press | Feb 21, 2019 | Commercial & Industrial, CR Daily, Industry News

A settlement is pending in casino mogul Steve Wynn’s lawsuit seeking to block the release of Massachusetts’ investigation into allegations of sexual assault against him.

Foxwoods President and CEO Dies Unexpectedly

by The Commercial Record | Jun 19, 2018 | Commercial & Industrial, CR Daily, Industry News

Foxwoods President and CEO Felix Rappaport has died unexpectedly at age 65, according to a statement from the Mashantucket Pequot Tribal Nation (MPTN) and Foxwoods Resort Casino.

Connecticut Airport Authority To Pursue Casino At Bradley

by The Commercial Record | Oct 22, 2015 | Commercial & Industrial, Executive Briefing, Industry News

The head of the Connecticut Airport Authority (CAA) said Tuesday he wants to bring a casino to Bradley International Airport. The airport authority is joining a growing list of suitors interested in hosting a casino that the operators of Foxwoods and Mohegan Sun want...

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