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East Windsor Selected as Location for Connecticut’s Controversial Satellite Casino

East Windsor Selected as Location for Connecticut’s Controversial Satellite Casino

East Windsor was selected as the preferred location for a controversial ‘satellite’ casino task to be built, pending approval, by the Mashantucket and Mohegan tribes close to the border with Massachusetts.

A derelict cinema in East Windsor that may one become the site of Connecticut’s controversial satellite casino, but first it must overcome an MGM lawsuit that accuses the project of being unconstitutional day.

The town, which was one of two shortlisted, accepted the terms of a development agreement with the tribes, known collectively as MMCT Ventures, on when its Board of Selectmen 4 to 0 in favor of the proposal saturday.

This gave East Windsor a huge advantage over its competitor, nearby Windsor Locks, which required a town-wide referendum in the issue.

Early Monday authorities in Windsor Locks announced they believed they were still in the running and planned to hold a meeting aimed at accelerating a referendum on Tuesday.

Hours later on, the tribes made their decision.

Casino Controversies

The location is critical. Both towns are situated approximately 15 miles from Springfield, Massachusetts, where MGM Resorts is building its $950 million casino resort, scheduled to open in 2018. The joint venture that is tribal been proposed entirely to blunt the competitive hazard the MGM would pose to Connecticut’s casino sector.

Connecticut has sanctioned the Mohegan therefore the Mashantucket Pequots Continue reading East Windsor Selected as Location for Connecticut’s Controversial Satellite Casino

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Oakland Raiders Score New Stadium Proposal in Bay Area

Oakland Raiders Score New Stadium Proposal in Bay Area

The Oakland Raiders are set to pack their bags for Las Vegas, but one private investment firm is hoping to convince the storied franchise to stay put in Ca.

Mark Davis desires to move his Oakland Raiders to Las Vegas, but investors in the Bay Area are hoping he reconsiders.

Fortress Investment Group, a publicly exchanged investment management firm based in New York City, is using former NFL star and Hall of Fame user Ronnie Lott to preserve the Raiders in the Bay Area. This week, the organization resubmitted plans up to a develop a new 55,000-seat arena to keep owner Mark Davis in town.

The proposition is rumored to price $1.3 billion, and will be funded through Fortress putting up $600 million, the NFL and Raiders investing $500 million, and the City of Oakland funding $200 million. The football that is pro confirmed to media outlets that it had received the submission.

The group that is same presented a similar proposition, but the NFL rejected it on grounds that more information was needed.

Las Vegas Calls Bluff

While there are lots of Las Vegas locals who are less than enthused about the possibility of a NFL team calling the town home, the area government mostly generally seems to help the Oakland Raiders coming to the Mojave Desert.

Nevada has committed $750 million to building a 65,000-seat stadium that is domed steps from the Strip. The cash will include raising the hotel occupancy tax in Clark County.

Davis pre Continue reading Oakland Raiders Score New Stadium Proposal in Bay Area

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East Windsor Selected as Location for Connecticut’s Controversial Satellite Casino

East Windsor Selected as Location for Connecticut’s Controversial Satellite Casino

East Windsor happens to be selected as the preferred location for a controversial ‘satellite’ casino task to be built, pending approval, by the Mashantucket and Mohegan tribes near to the border with Massachusetts.

A derelict cinema in East Windsor that may one become the site of Connecticut’s controversial satellite casino, but first it must overcome an MGM lawsuit that accuses the project cleopatra slot machine for sale of being unconstitutional day.

The city, which ended up being 1 of 2 shortlisted, accepted the regards to a development agreement with the tribes, known collectively as MMCT Ventures, on when its Board of Selectmen 4 to 0 in favor of the proposal saturday.

This gave East Windsor a huge advantage over its competitor, nearby Windsor Locks, which required a town-wide referendum in the issue.

Early authorities in Windsor Locks announced they believed they were still in the running and planned to hold a meeting aimed at accelerating a referendum on Tuesday monday.

Hours later on, the tribes made their decision.

Casino Controversies

The place is critical. Both towns are situated approximately 15 miles from Springfield, Massachusetts, where MGM Resorts is building its $950 million casino resort, scheduled to open in 2018. The joint tribal venture has been proposed entirely to blunt the competitive risk the MGM would pose to Connecticut’s casino sector.

Connecticut has sanctioned the Mohegan and also the Mashantucket Continue reading East Windsor Selected as Location for Connecticut’s Controversial Satellite Casino

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Crown Resorts Exec Rumored to Have Been Collecting Debts When Arrested

Crown Resorts Exec Rumored to Have Been Collecting Debts When Arrested

Crown Resorts administrator Jason O’Connor is rumored to own experienced Asia fall that is last collect on VIP gambling debts incurred by patrons whom participated in the Australian gaming company’s junket schemes.

Billionaire James Packer announced this week that Crown Resorts will purchase $380 million in outstanding shares. Meanwhile, their executive responsible for VIP operations stays behind pubs in Asia.

That is based on a new report from ‘Four Corners,’ a journalism television show that airs in Australia. The system talked to experts on Macau gambling that said they believe O’Connor was sent by Crown to negotiate money owed to the company by wealthy Chinese residents.

Andrew Scott, the CEO of Asian Gambling mag, said, ‘It’s commonly being said he was there to collect a relative line of credit. You don’t send an executive that is senior there’s a genuine reason for him become there.’

O’Connor headed Crown Resorts’ VIP program, and was responsible for bringing rollers that are high Asian countries to Australia.

It is illegal for international properties to market gambling services to citizens that are chinese. The nation warned organizations like Crown it will be cracking down on VIP touring operations, however the notice evidently fell on deaf ears right here. O’Connor happens to be in custody since on vague ‘gambling crimes’ charges october. He’s being held in a Shanghai jail while Chinese law enfor Continue reading Crown Resorts Exec Rumored to Have Been Collecting Debts When Arrested