MGM Resorts International broke ground on Tuesday on its MGM Springfield project in Massachusetts, in the United States, the company said in a press release. The US$800-million casino resort is slated to open in the autumn of 2017, it added.
Massachusetts’ gambling regulators in June gave their approval to the MGM Resorts project, the first casino permission granted in the state. MGM Resorts is the parent of Macau casino operator MGM China Holdings Ltd.
Following the defeat of a gaming repeal ballot put to the state’s electorate on November 4, MGM Springfield formally received its licence on November 7.
“Today is even more special, though, as we put shovels in the ground to officially celebrate what we came here to do, put people back to work and begin a rebirth of the once thriving urban centre of Western Massachusetts,” MGM Resorts chairman and chief executive Jim Murren said in a statement.
MGM Resorts said it has established a hiring goal of 35 percent of the workforce from the city of Springfield and 90 percent from a combination of Springfield and the region.
The project is expected to generate 3,000 jobs and US$25 million annually for Springfield’s coffers.
“As we celebrate this moment, we know plenty of work lies ahead. I think we have proven that we are not afraid of hard work, and as always we will remain transparent and inclusive as we build a better future for this region,” said MGM Springfield’s president Michael Mathis.
MGM Springfield will feature 125,000 square feet (11,613 square metres) of gaming space with 3,000 slot machines, 75 gaming tables, a poker room and a high-limit VIP gambling area. It will also house a 25-storey, 250-room, hotel and about 55,000 square feet of retail and restaurant space.
There are also plans for a dining, retail and entertainment district with an eight-screen cinema, a bowling alley and an outdoor stage, to be developed by MGM Resorts in partnership with a third party.
Mar 18, 2019Sociedade de Jogos de Macau SA (SJM) – the Macau-registered unit that holds the gaming rights for SJM Holdings Ltd – announced on Monday a pay rise of between “2.5 percent and 8.3 percent”...
Mar 18, 2019
Mar 18, 2019
"When the gaming concessions expire, the Macau government is inclined to launch a public tender [for new gaming rights]"
Lionel Leong Vai Tac
Macau Secretary for Economy and Finance