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MGM Springfield Provides MassGaming with Details on Casino Project Modifications

MGM Springfield Provides MassGaming with Details on free spins no deposit mobile casino Casino Project Modifications

Officials for MGM Springfield presented on the Massachusetts Gaming Commission with details about the proposed changes to the $950-million hotel and casino resort the gambling operator is building in downtown Springfield thursday.

The said improvements consist of the replacement of a 25-story cup hotel tower with a 6-story structure and a 9% decrease in the project’s overall square footage. MGM Springfield officials told MassGaming Chairman Steve Crosby therefore the four commissioners that when authorized, the said changes would improve effectiveness, fulfill customer needs, and eliminate space that is unnecessary.

Seth Stratton, Vice President and General Counsel of MGM Springfield, also provided state gambling officials with increased information regarding the $150-million increase in costs. Based on the plan that is initial the construction of the MGM Springfield casino resort might have cost $800 million. Following design modifications as well as other related matters, the gambling operator is now likely 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, application and license costs, host community agreements, and many more.

During the Thursday meeting, Commissioner Enrique Zuniga stated that the rise in expenses had been a severe matter and that he expected more comprehensive information about this.