MGM Springfield Provides MassGaming with Precisely Casino Project Modifications

Officials for MGM Springfield presented on Thursday the Massachusetts Gaming Commission with information regarding the proposed changes to your $950-million resort and casino resort the gambling operator is building in downtown Springfield.

The said alterations consist of the replacement of the 25-story glass resort tower by having a 6-story framework and a 9% reduction in the task’s overall square footage. MGM Springfield officials told MassGaming Chairman Steve Crosby and also the four commissioners that when approved, the said changes would boost efficiency, satisfy client demands, and eliminate space that is unnecessary.

Seth Stratton, Vice President and General Counsel of MGM Springfield, additionally provided state gambling officials with an increase of information regarding the $150-million upsurge in expenses. Based on the plan that is initial the construction associated with MGM Springfield casino resort would have cost $800 million. Following design changes as well as other matters that are related the gambling operator has become likely to invest an approximate of $950 million.

Mr. Stratton explained that the costs consist of $614 million for construction and furnishings, and more than $335 million for different land improvements, license and application costs, host community agreements, and so many more.

Through the Thursday conference, Commissioner Enrique Zuniga said that the increase in expenses was a severe matter and that he expected more comprehensive information about it.Read More