MGM’s announcement comes at a vulnerable time for the state. “MGM Bridgeport is the right development at the right time and in the right place,” MGM Chairman and Chief Executive Officer James Murren, a Bridgeport native and Trinity College graduate said at a news conference with Steelpointe Harbor as the backdrop. MGM Resorts International announced ambitious plans Monday for a $675 million casino and entertainment complex in Bridgeport’s Steelpointe Harbor area, a move that opens up a new front in the state’s casino expansion debate.