HARTFORD The latest attempt to solve the stalemate in the states gambling landscape was unveiled Wednesday and includes a new Bridgeport casino and more state revenue from the tribal nations that operate the existing casinos.

The result: an extra $88 million for towns and cities to share.

Announced in a rare bipartisan news conference by state Sen. Cathy Osten, who will submit the legislation when the General Assembly convenes next week for its short session, the proposal hinges on Gov. Ned Lamonts ability to renegotiate the current compact with the Mohegan and Mashantucket Pequot tribal nations.

Under the proposal, in addition to the current revenue for the state from 25 percent of the amount now wagered on slot machines, 10 percent of all table game bets would be channeled to the states tourism programs. The total amount of that extra payment from the tribes was not clear Wednesday.

In exchange, the tribes would gain exclusive rights to future sports betting, both online and inside casinos. The tribes would also be allowed to serve alcohol two hours beyond the 2 a.m. curfew. And they would have a license to build a casino in Bridgeport, where MGM Resorts International proposed a casino in 2017 and has been lobbying for the state to seek open bids to operate a commercial casino.

Osten, D-Sprague, said the overall strategy is to lower property tax rates throughout the state and especially in high-tax cities such as Bridgeport, where she has worked with local leaders on the bill since June.

Today, towns and cities get about $51 million a year from casino revenue, which would increase to $139 million if the legislation is approved by the House and Senate and is signed into law.

Bridgeport would get an additional $5.5 million, while East Windsor, the planned location of a third casino jointly operated by the two tribes, would receive $9 million, as would the towns of the eastern Connecticut region around the existing resort casinos.

Would allow tribes to operate sports betting.

Would approve a new Bridgeport casino, upon which the city can levy property taxes for up to 10 years.

New tribal revenue from 10 percent of the total amount wagered.

Grants of $750,000 a year each to Bridgeport, New Haven, Norwalk, Waterbury, Hartford and other towns and cities.

The Connecticut Lottery Corp. could conduct online lotteries.

Additional funding would be required for problem-gambling programs.

Under the 41-page draft, Lamont would have until Oct. 1 to reach an agreement recrafting the nearly 30-year-old compact, which has generated $9 billion for the state. The tribal casinos are some of the states largest employers.

This is about jobs, Osten said. This is about revenue, and this is about protecting our municipalities.

The legislation would create entertainment zones in Hartford, New Haven and other locations.

Lamont has the power to re-negotiate the terms of the compact with the tribes. But talks have mostly stagnated over the last year amid legal tangles over a planned joint-tribal casino along the Interstate 91 corridor in East Windsor that was an attempt to compete with the $960 million MGM Springfield casino.

The tribes have been unwilling to share sports and online betting with other companies including Sportech, which runs the states off-track betting locations, and the Lottery Corp.

This issue in particular we know is a difficult one, said Senate President Pro Tempore Martin M. Looney, of New Haven. Its complex because it contains so many different components that have to be negotiated and reconciled in order to move this forward.

Sports betting, internet lottery games and other sources of revenue are being lost if the state cannot establish a path toward those opportunities, he said. A sense of urgency is absolutely necessary in that.

Lamonts office said Wednesday that the governor shares the goal of keeping the states gambling industry competitive with surrounding states.

The administration is reviewing the proposal and will discuss the issue during the regular session, said Max Reiss, Lamonts communications director, in a written statement. The 13-week session of the General Assembly starts on Wednesday, Feb 5.

MGM Resorts International, which has retained an option on property in Bridgeport and would likely fight any casino planned for non-tribal land, such as Bridgeport or a long-delayed joint tribal casino along I-91 in East Windsor, said in reaction to the legislation that it remains interested in operating in Connecticut.

As we have said consistently, if Connecticut is to maximize the economic impact of a commercial casino license, a transparent, competitive process is in the states best interest, MGM said in a written statement. That is equally true for sports betting, and the most direct path to bring the greatest results for Connecticut taxpayers, economic growth and state revenue. MGM will also continue to pursue all legal options, including litigation, to defend our right to compete in Connecticut.

kdixon@ctpost.com Twitter: @KenDixonCT

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Latest incarnation of CT gambling bill to be revealed Wednesday - CT Insider