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October 4 2017 Vol. l • No. 20
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HARTFORD, Conn. (AP) MGM Resorts International revealed plans recently for a $675 million waterfront casino in Connecticut’s largest city, the latest salvo in a competition with two Native American tribes that run two of the world’s largest casinos in the southeastern part of the state. MGM is already building a nearly $1 billion casino in Springfield, Mass., that threatens to take revenue and jobs away from the Foxwoods Resort Casino and MGM Bridgeport photo Mohegan Sun in Connecticut. The The new casino would include 2,000 slot machines, 160 table games, a Mashantucket Pequot and Mohegan tribes 700-seat theater, a 300-room hotel, restaurants and retail shops, responded by proposing a casino less than according to MGM. 20 mi. away from Springfield in northern Connecticut that was approved by Connecticut officials and the gambling compact between the tribes and the state that gives the tribes exclusive casino development rights in awaits final approval by federal authorities. The two tribes said in a statement that the Bridgeport Connecticut. MGM and its partner on the Bridgeport casino, developcasino isn’t anywhere near receiving required approval from the state legislature and Democratic Gov. Dannel P. ment company RCI Group, vowed to “work diligently” to Malloy. They also said approval of the resort would violate see CASINO page 12
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In 2009, Mike Classen, founder of Classen’s Crane Service in Waterford, Vt., told Construction Equipment Guide (CEG), “To tell you the truth, if I did not listen to the news each night, I would not know that New England is dealing with an economic slowdown. Our business has remained quite strong.” The article, in which Classen said this, titled, “Vermont’s Classen’s Crane Service Evades Economic Slowdown,” was published a year into the deepest recession of the country had experi-
Mike Classen (L), founder of Classen’s Crane Service, and his son, Ben, company vice president.
enced in generations: segments of the construction industry were in shambles. Classen had founded his business in 1993 and had grown his operation consistently each year. His crane service was being used in commercial and residential construction projects, including steel erection, timber framework, log homes, modular homes, precast concrete, and rigging projects of all shapes and sizes. In addition to his booming business in northern New England, Classen had engaged in projects up and see ClASSEN page 8