What Glitters Hasn’t Turned Out to Be Gold in Springfield
MGM’s casino is employing only half the workers it promised, and concerns about crime and complaints about amenities that have stayed shuttered post-pandemic raise questions about its future.
Has Mass. Lost Its Casino Bet?
The two large resort-style casinos won approval from state regulators in no small part due to their perceived potential to be engines of economic development. A new study throws doubt on that hope.
Regulators Vet Casino Sale to MGM Real Estate Trust
The Gaming Commission began Thursday to wade through a sale-leaseback transaction for the MGM Springfield casino and MGM’s real estate investment trust.
New Connecticut Casino on Ice for ‘Foreseeable Future’
Leaders of Connecticut’s two federally recognized Native American tribes announced Wednesday they’ve decided to temporarily set aside plans to open the long-delayed, jointly-owned Tribal Winds casino across the border from Springfield.
In a Week of Layoffs Across the US, MGM Resorts Adds 18,000 More
MGM Resorts is laying off 18,000 people as an unchecked pandemic leaves economic scars across a broad swath of U.S. industries, particularly those that rely on healthy crowds of people, including 1,000 people at MGM Springfield.
Reopened Casinos Collected $45M in July
State tax revenue from gambling began to trickle back in last month as the state’s slots parlor and two casinos reopened for the first time since March.
Boston Reopens, Somerville Delays Phase 3
A week after most of the rest of Massachusetts, Boston is scheduled to enter the third phase of its coronavirus economic restart on Monday.
Could Real Estate Catch a Virus?
If we get hit with anything like what we have seen from afar in China, there will be major disruptions to every facet of life, including businesses.
MGM Has Put Springfield Back on the Map
It’s pretty clear MGM’s nearly $1 billion casino is not living up to boosters’ expectations. But the massive gambling and entertainment complex has still put one of the state’s poorest cities, back in the game.
Springfield Casino to Pitch In $16M for Redevelopment
Officials from Springfield and the MGM casino there laid out their plan for the gambling empire to fulfill the requirement that residential units be part of its development by partnering with the city to help fund the redevelopment of a former downtown hotel.
MGM Springfield Installs Solar Panels to Help Power Casino
MGM has installed thousands of solar panels at its resort casino in Springfield that can supply up to 10 percent of its power needs.
After Underwhelming First Year, Can Springfield Casino Improve Fortunes?
With a new rival in the form of the $2.6 billion Encore Boston Harbor casino and potentially more competition in Connecticut, can the $960 million MGM Springfield, meant to revive a struggling region, turn around its own fortunes?
Springfield Casino Operators Optimistic Despite Revenue Shortfall
Even though it is over $14 million off its first-year monthly revenue projections, the president of MGM Resorts International is calling the company’s Springfield casino a success.
Encore Boston Harbor’s Take Beats Out MGM Springfield in First Month
The three casinos in Massachusetts cumulatively generated $81.4 million in revenue last month from hundreds of millions in wagers and Encore Boston Harbor in Everett accounted for about 60 percent of it.
MGM Sues Over Federal OK for Third CT Tribal Casino
MGM Resorts filed a lawsuit Wednesday challenging the federal approval of a deal that would allow Connecticut’s two Indian tribes to open a third casino in the state, just across the state line from its newest facility.
CT Governor Pushes Tribes to Move Third CT Casino to Hartford
Connecticut’s governor wants the state’s two federally recognized Native American tribes to move their proposed third casino from East Windsor to downtown Hartford.
CT Could Build Two New Casinos to Rival New MA Operations
A bipartisan group of lawmakers from around Connecticut announced Wednesday they’ve crafted a wide-ranging compromise bill that could lead to two new tribal casinos in the state and legalized sports betting.
Everett Casino Generates $4.2M in Tax Revenue in Opening Week
In the first eight days that Encore Boston Harbor was open, gamblers wagered more than $93.5 million on the slot machines alone at the Everett casino and the Wynn Resorts operation counted $16.79 million in total revenue, or more than $2 million a day.
Report: Owners of Famed Stockbridge Inn to Run Reborn Historic Springfield Hotel
Work starts today on a project to rehab downtown Springfield’s historic Paramount Theater and the creation of a hotel in the adjoining Massasoit Building – a hotel which will be run by the owners of Stockbridge’s famed Red Lion Inn.
MGM Springfield Posts Third-Best Month as Boston Casino Prepares to Open
MGM Springfield counted $22.29 million in revenue from its slot machines and tables games last month and the slots at Plainridge Park Casino generated $14.84 million in revenue in May, a cumulative total of $12.84 million of which will flow to the state.
