Connecticut to open casino development bidding to commercial developers

The Connecticut state legislature has held a hearing into a bill which, if passed, would open up bidding on a potential third casino development to commercial developers. The proposed bill would require any interested party to invest at least $500,000 in their proposed development and pay a non-refundable $50m licensing fee to the state. Ongoing negotiations had been taking place between local authorities and the two Native American tribes that r...