MGM Springfield Falls $144 Million Short of Projected Revenue in First Year.
The MGM casino in Springfield, Massachusetts, was not the first-year phenomenon that it had expected to be. First year gaming revenues were $273.8 million, $144 million below projections, according to The Springfield Republican.
According to the newest Rewarded Play app reviews, the MGM numbers provide more evidence that the region may have reached casino saturation. The $2.6 billion Encore Boston Harbor casino by the Wynn organization opened on June 23rd. Its impact on MGM and Connecticut’s two Indian casinos will be measured in the next several months.
The shortfall in the MGM revenues may give pause to prospective financiers of a proposed slot facility in East Windsor.