By Kenneth R. Gosselin • Hartford Courant
The tribal authority that owns and operates Mohegan Sun told investors this week that a location for a third Connecticut casino will be chosen before the state legislature is asked to expand gaming beyond tribal lands.
Mohegan Sun is teaming with longtime rival Foxwoods to open a satellite casino in north central Connecticut to counter competition from a mega-casino and entertainment complex now under construction in nearby Springfield.
"We had a very positive response to the [request for proposals], perhaps even greater interest than we originally anticipated," Kevin Brown, chairman of the Mohegan Tribal Council, said on an earnings conference call Wednesday with analysts, according to a Bloomberg News transcript. "Because of that we've had to undertake and we continue to undertake significant due diligence and we want to ensure that we pick a location that makes sense for both organizations."