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House Oks bill to expand off-track betting

House Oks bill to expand off-track betting

Meanwhile, earlier Tuesday evening, the Senate agreed to pass a separate House bill that some lawmakers hope will attract mixed martial arts event to venues in arenas in several CT cities. The bill, which already passed in the Senate, now heads to Democratic Gov. Dannel P. Malloy.

Aresimowicz says the bill allows Sportech to have eight more off-track betting licenses, for a total of 24 locations. So they'll have to be approved by the Senate before they can get to the governor's desk for his signature.

The Schaghticokes and MGM have pushed for legislators to open up the process to more bidders, if the state intends to expand gaming to respond to intensifying competition not only from Springfield but other states in the Northeast.

Mohegan Tribal Chairman Kevin Brown said families of casino workers at Foxwoods and Mohegan Sun were "breathing a sigh of relief" that the legislation passed.

Additionally, the legislation would require the state Department of Consumer Protection to set up a framework for possible sports betting.

House Speaker Joe Aresimowicz, D-Berlin, said the margin surprised him.

US employers add modest 138K jobs; rate dips to 4.3 percent
Some said it is a sign that job growth is slowing down after three straight years of jobs gains and major drop in unemployment. Hospitals added 7,000 jobs over the month, and employment in ambulatory health care services continued to trend up (+13,000).

"I think our focus should be on saving those jobs in Eastern Connecticut and allowing two tribes that have been good partners as along as the town that it's going to be agree with it", Rep. Themis Klarides said during an interview Monday.

The bill, reached at the eleventh-hour Tuesday, also creates an entertainment sharing agreement between the Mashantucket Pequot and Mohegan tribes and entertainment venues across the state.

Under the bill, the two tribes will be required to pay 25% full-year tax on their gambling revenue.

MGM has built its opposition to the tribes's casino around a pitch that CT, deep in the throes of a budget crisis, could do better by opening Fairfield County to competition for a casino resort that could appeal to the NY market.

Early Wednesday, the Connecticut House of Representatives voted 103-46 in favor of a bill that allows the Mashantucket Pequot and Mohegan tribes to build a casino in East Windsor to compete with the MGM casino.

A study funded by both tribes suggested out-of-state casino competition could cost CT 9,300 jobs, while an analysis by Connecticut's Office of Fiscal Analysis suggested the competition could cost the state $68 million in annual gaming revenues. Analysts project the slots revenue will be worth $266 million again next year, then fall to $199 million after MGM Springfield opens.

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