'MGM, by definition, is a formidable brand and a formidable operator and competitor,' commented Michael Pollack, managing director of the Spectrum Gaming Group and a gaming consultant.

'The state expects further erosion this year, estimating the state's take of slot revenue to be about $204 million,' says the Hartford Courant. After peaking at $430 million during 2006-07, those Connecticut slot revenues were down to $274 million for the most recent fiscal year that ended on June 30. Owned and operated by MGM Resorts International, the new casino will not only challenge for business among gamblers living in Massachusetts, but also 'has its eye squarely on Connecticut - especially the Hartford area - and the state's two gambling meccas, Foxwoods Resorts Casino and Mohegan Sun,' reports the Hartford Courant.Ĭonnecticut benefits from keeping a 25 percent cut of slot revenues, the Courant explains, but has already found that bounty to have lessened thanks to increasing competition from other casinos in the New England area and New York.

There is also the 8,000-seat MassMutual Center to host concerts and other events, with Stevie Wonder among the first scheduled to perform there on September 1. Other amenities will include an eight-screen movie theater, a 10-lane bowling alley, an 8,000-square-foot pool, a spa, a TopGolf Swing Suite with a three-simulator lounge, and a skating rink. With the entire complex covering 2 million square feet, MGM Springfield will feature a 125,000-square-feet of gaming space including 2,550 slot machines and 120 tables. The day is finally (almost) here, as the $960 million MGM Springfield resort casino is at last set to open next Friday, August 24 at 11 a.m. We've been reporting off and on over the past several years regarding the negotiations and planning for a major new casino in Massachusetts.

MGM Springfield Opening Will Provide Challenge to Foxwoods, Mohegan Sun This week's Inside Gaming starts with the impending opening of MGM Springfield and its anticipated impact on surrounding casinos, tells of another state ready to jump into the sports betting game, and reports on a New York woman winning her second huge jackpot this year.

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