FOR IMMEDIATE RELEASE, SEPTEMBER 10, 2015
Woman-Owned, Connecticut-Based Business Selected to Administer the Request For Proposals
(HARTFORD, CT) – Marking an historic milestone in relations between the Mashantucket Pequots and the Mohegans, Connecticut’s two sovereign tribal nations today finalized documents that solidify their new partnership to save jobs in the state.
Legislation passed earlier this year created a process for building a new gaming facility north of Hartford. The first step was the creation of a new partnership, which took its first action – bringing on a firm to manage the Request for Proposal (RFP) process – at today’s event. The new entity, named “MM4CT Venture,” will manage the process for selecting the site for the new casino in the short term and serve as the beginning of a corporate structure for the facility over the long term.
“This agreement marks a new chapter in the history between our sovereign nations,” said Rodney Butler, Chairman of the Mashantucket Pequot Tribal Council. “While our past may have been marked by conflict and competition, our present and future will be defined by cooperation. With a united front, we can and will defend the thousands of jobs that are under attack.”
“With our partnership solidified, we can begin the hard work of protecting both Connecticut jobs and the critically important revenue our organizations provide to the state,” said Kevin Brown, Chairman of the Mohegan Tribal Council. “Outside interests have made it perfectly clear that their business model depends on taking money and jobs from our state. We’re not going to let that happen without a fight.”
The Chairmen also announced that the selection of Pearce Real Estate to administer the Request for Proposals (RFP) from towns that are interested in being home to the new facility. Headed by President and CEO Barbara Pearce, the company brings the local expertise that will be critical to the success of this project. Additional details about the timing of the RFP and the process moving forward will be release in the coming weeks.
“As a local, independent, full service real estate firm, we are fiercely committed to promoting Connecticut and Connecticut jobs, and feel deeply that this new endeavor will make our State a stronger and more competitive environment,” said Barbara Pearce, President and CEO of Pearce Real Estate. “This will benefit all of us- citizens, taxpayers, and business owners-on many levels, and Pearce is proud to have a role in making it happen.”
A recent study estimated that new casinos in New York and Massachusetts will have a serve impact on the industry in Connecticut, with 9,300 people at risk of losing their jobs if no action is taken.
"We are here to support this venture between the two tribes," said Denise Gladue, a Foxwoods Dealer since 1997 and Financial Secretary of UAW Local 2121. "Our members are concerned about losing their jobs when Massachusetts builds a casino in Springfield. This venture will help protect our jobs and the state's revenue, and we are proud to be part of this collective effort. We ask Connecticut's lawmakers to help us pass a bill next year to make this a reality."