MGM Springfield Provides MassGaming with Precisely Casino Project Modifications
Officials for MGM Springfield introduced on Thursday the Massachusetts Gaming Commission with details about the proposed changes towards the $950-million resort and casino resort the gambling operator is building in downtown Springfield.
The said changes include the replacement of a 25-story cup resort tower by having a 6-story framework and a 9% lowering of the task’s overall square footage. MGM Springfield officials told MassGaming Chairman Steve Crosby therefore the four commissioners that when approved, the said changes would boost efficiency, satisfy client demands, and eliminate unnecessary area.
Seth Stratton, Vice President and General Counsel of MGM Springfield, also provided state gambling officials with more information about the $150-million increase in costs. Based on the plan that is initial the construction regarding the MGM Springfield casino resort could have cost $800 million. Following design changes and other relevant matters, the gambling operator happens to be anticipated to spend an approximate of $950 million.
Mr. Stratton explained that the costs include $614 million for construction and furnishings, and more than $335 million for various land improvements, license and application costs, host community agreements, and so many more.
Throughout the Thursday conference, Commissioner Enrique Zuniga said that the rise in expenses had been a serious matter and that he expected more comprehensive information about any of it. Pokračování textu MGM Springfield Provides MassGaming with Precisely Casino Project Modifications