Massachusetts casinos generate approximately $101.9m in August gaming revenue
Investors can compare Massachusetts casinos’ higher August revenue with July and assess each property’s contribution.
Business and regulatory reporting on MGM Springfield.
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Massachusetts’s three casinos recorded approximately $101.9m in August gross gaming revenue, citing Massachusetts Gaming Commission figures. July revenue totalled $95.7m. Encore Boston Harbor contributed $62.8m, MGM Springfield $23.8m and Plainridge Park $15.1m.
Also in this report: Encore Boston Harbor · Plainridge Park · USA · MGC (Massachusetts)
Springfield filed a lawsuit in Hampden Superior Court alleging that MGM Resorts International and Blue Tarp Redevelopment breached casino commitments. The allegations concern employment, gaming capacity and building refurbishment. MGM says the city is obstructing its proposed MGM Springfield sale; both defendants seek arbitration, while Springfield wants court proceedings.
Also in this report: MGM Resorts · Blue Tarp Redevelopment · USA
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Investors can compare Massachusetts casinos’ higher August revenue with July and assess each property’s contribution.
The dispute puts casino development obligations and approval of MGM’s proposed ownership transfer before competing court and arbitration processes.
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