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Friday, August 18, 2006

Connecticut Tribe, MGM Mirage Envision More Casinos

As reported by the Connecticut Day: "What do you get when you marry a tribe
that operates the world's largest casino with one of the world's biggest
gambling companies? "Well, for one thing, a lot more casinos, possibly here
in southeastern Connecticut, elsewhere in Indian Country, in Atlantic City
or on the Las Vegas strip. "That's part of the vision of a memorandum of
understanding signed this spring by the Mashantucket Pequots and their
prospective partners at MGM Mirage, the publicly traded gaming colossus that
operates 23 casino properties, from the enormous MGM Grand, Luxor and
Bellagio casinos in Las Vegas to a new resort on the coast of China. "Here
in southeastern Connecticut, the Mashantuckets and MGM envision, in addition
to the $700 million expansion already under way, the potential for more new
casinos on the reservation using MGM brand names and other nongaming,
destination-resort development along Route 2 in North Stonington."

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