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Old 03-10-2015, 01:01 PM
 
Location: Hartford, Connecticut
2,361 posts, read 1,564,948 times
Reputation: 1674
Quote:
Originally Posted by BPt111 View Post
Casinos in Bridgeport would be a bad idea crime would double close to Camden, NJ levels Look at Atlantic City now it a dump. There is no space to built it
Post the article instead of copying and pasting next time.
Thanks for sharing as I am interested in development that will move CT further.
Yes I agree that a casino in Bridgeport isn't a great idea but I wouldn't say that crime is the big issue. Atlantic City is slow because of many the many businesses and casinos closing. Also IMO I think there's room to build in Bridgeport. You have some vacant lots off of Interstate 95 but the best location to build one is in Stamford or near Bradley International Airport. Bradley is right in the middle of Hartford and Springfield. The casino will attract visitors from the airport and Stamford will attract people from Danbury area and Downstate New York.

Last edited by HumpDay; 03-10-2015 at 01:27 PM..
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Old 03-10-2015, 01:08 PM
Status: "Still here" (set 13 days ago)
 
Location: Connecticut
22,371 posts, read 36,888,410 times
Reputation: 6055
The Courant identified the locations as North of Hartford, Danbury area, Bridgeport or New Haven. This is just a proposal from state Senator Tim Larson. It is not decided and apparently looks to try and keep casino patrons from Connecticut in our state. The MGM project in Springfield projected that approximately40% of its patrons would come from Connecticut. This looks to stop that. Jay
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Old 03-10-2015, 01:13 PM
 
Location: W Hartford, CT
1,684 posts, read 3,201,750 times
Reputation: 1063
Am I the only one surprised by the idea of having more casinos possibly coming to this state? The ones we have now are losing money hand over fist, and that's only going to get worse once the new ones are built in Mass. I understand the intent may be to keep $ here in CT, but IMO this is not what the state needs to generate revenue.
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Old 03-10-2015, 01:17 PM
Status: "Still here" (set 13 days ago)
 
Location: Connecticut
22,371 posts, read 36,888,410 times
Reputation: 6055
Quote:
Originally Posted by MikefromCT View Post
Am I the only one surprised by the idea of having more casinos possibly coming to this state? The ones we have now are losing money hand over fist, and that's only going to get worse once the new ones are built in Mass. I understand the intent may be to keep $ here in CT, but IMO this is not what the state needs to generate revenue.
The casinos in Connecticut are not losing money. They are just not making as much of it as they use to. The Mohegans are planning to build a massive hotel to the Mohegan Sun complex and Foxwoods is completing a massive outlet center addition. These would not be happening if they did not make money. Still with the MGM casino looming in Springfield and a couple of others in other parts of Massachusetts, it does look like gambling revenue will keep dropping in our state. Jay
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Old 03-10-2015, 07:08 PM
 
Location: Texas
2,394 posts, read 3,138,676 times
Reputation: 1382
Demand down. Increase capacity.

Outstanding operational plan.
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Old 03-10-2015, 07:32 PM
 
2,744 posts, read 2,665,036 times
Reputation: 1351
Quote:
Originally Posted by JayCT View Post
The casinos in Connecticut are not losing money. They are just not making as much of it as they use to. The Mohegans are planning to build a massive hotel to the Mohegan Sun complex and Foxwoods is completing a massive outlet center addition. These would not be happening if they did not make money. Still with the MGM casino looming in Springfield and a couple of others in other parts of Massachusetts, it does look like gambling revenue will keep dropping in our state. Jay
Jay you are wrong. They can't even cover their debt which in accounting equates to being insolvent. The restructuring detailed in the WSJ link is formally a bankruptcy. Foxwoods Resort Casino Reaches Debt Deal - WSJ

Radio shack also still brings in revenue similar to the casinos. Bankruptcy doesn't indicate no revenue.
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Old 03-10-2015, 07:58 PM
 
Location: Northern Fairfield Co.
2,444 posts, read 1,877,131 times
Reputation: 1015
I'm fearing this thought of casinos at every corner and in between our state. It's kind of gross...

Last edited by Lalalally; 03-10-2015 at 08:23 PM..
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Old 03-10-2015, 09:20 PM
 
95 posts, read 275,631 times
Reputation: 39
The best location for one would be lower fairfield county...direct access to 10MM NYC residents by public transportation = goldmine
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Old 03-10-2015, 09:23 PM
 
642 posts, read 593,159 times
Reputation: 277
Oh boy I live in Trumbull and when I bought my house in the 1990's my lawyer had us take out what I call "Indian insurance" because my house sits on the Golden Hill Paugussett Tribe land. We were laughing about it back then and thought certainly nothing would ever come of it.
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Old 03-10-2015, 09:45 PM
 
Location: Northern Fairfield Co.
2,444 posts, read 1,877,131 times
Reputation: 1015
I'm with you CTartist -- not to be a NIMBY, but no, I certainly don't want this crap in my backyard. If Danbury is seriously one of the places they're considering, I would quit my job in lower FFC in a heartbeat and would voluntarily add myself to the already swelling CT unemployment numbers. The commute alone would become unbearable overnight... It seems like they're envisioning glamorized OTB-like parlors which will attract hordes of tacky City groupie-like people (with dirty, long purple painted fingernails, likely bejeweled with some sort of gold flecking) who get their kicks out of this sort of thing. #Gross.

Last edited by Lalalally; 03-10-2015 at 10:03 PM..
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