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Report: State could lose 9,300 jobs, if no new casino is built

Clyde Barrow, a consultant with Pyramid Associates (Christine Stuart photo)
Clyde Barrow, a consultant with Pyramid Associates (Christine Stuart photo)

HARTFORD, Conn. – The state will lose about 9,300 jobs by 2019, if gambling facilities in New York and Massachusetts cannibalize $703 million in gaming and non-gaming revenues from Connecticut’s two Indian casinos.

That’s according to a new report commissioned by the Mashantucket Pequot and Mohegan tribes.

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“Revenue losses translate into job losses,” Clyde W. Barrow, the consultant who authored the report, said Monday at a press conference. “No two facilities can see their revenue decline by $700 million and maintain the same levels of employment.”

See the complete story at CT News Junkie.

 

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