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MGM Announces Plan for Waterfront Casino in Bridgeport

MGM Announces Plan for Waterfront Casino in Bridgeport

MGM Resorts International announced ambitious plans Monday for a $675 million casino and entertainment complex in Bridgeport’s Steelpointe Harbor area, a move that opens up a new front in the state’s casino expansion debate.

“MGM Bridgeport is the right development at the right time and in the right place,” MGM Chairman and Chief Executive Officer James Murren, a Bridgeport native and Trinity College graduate said at a news conference with Steelpointe Harbor as the backdrop.

MGM’s announcement comes at a vulnerable time for the state. There has been a spate of discouraging corporate news, the latest coming last week when Alexion Pharmaceuticals Inc. announced it would relocate...