New Massachusetts Casino Welcomes 150,000 Visitors in First Weekend

MGM Springfield welcomed 150,000 traffic during its first weekend of operation, owners of this 960-million hotel and casino hotel said on Wednesday.

MGM Springfield President Michael Mathis stated on Wednesday the active 3 days of surgeries exceeded their hopes . The casino official thus touted the property’s opening weekend because a pure success.

Pictures and reports in the hotel ’s opening weekend revealed audiences stretching all along Springfield’s Main and State Streets. The opening of the genuine land was preceded by a street parade that involved construction employees and casino personnel, musicians and entertainers.

Mr. Mathis further remarked yesterday that hotel rooms and dining facilities in the hotel were fully booked during the weekend to donate to what the official described as a “historic opening”. The MGM Springfield President explained they anticipate average attendance of 15,000 visitors every day.

Another property of the king — the $2-plus-billion Encore Boston Harbor, currently being developed in the Greater Boston area by Wynn Resorts, is slated to open doors . Massachusetts also has a slots-only gaming hallway, Plainridge Park Casino in Plainville. That facility opened doorways in 2015. Both integrated resorts along with the slot machine parlor are part of a casino gambling expansion procedure that Massachusetts residents accepted via a statewide referendum in the early 2010s and lawmakers crafted a relevant regulatory framework for.

The opening of MGM Springfield represents MGM Resorts International’s entrance into Massachusetts’s nascent casino marketplace . And according to many, the Las Vegas-based hospitality and gaming giant can help the state present sports betting after the recent annulment of the federal ban on wagering on amateur and professional sports.

In an industry first, MGM recently penned a multi-year partnership to become the official gambling partner of the NBA and the WNBA. In accordance with sports betting aficionados, the arrangement can have a positive influence on the legalization of the kind of gambling action and the successful development of a profitable sector in Massachusetts.

State lawmakers are expected to present a legislation permitting sports betting during the 2019-2020 legislative session. In a string of remarks on the matter, House Rep. Joseph Wagner, who chairs the House Committee on Economic Development and Emerging Technologies, has stated that the Legislature has started work on the creation of a wagering-focused bill and the matter was transferred into the front burner, but legislators aren’t planning to act too quickly in order to prevent “getting it wrong”.

According to some 2017 report commissioned by the American Gaming Association and compiled by Oxford Economics, Massachusetts could amass approximately $8.6 million in taxation revenue every year if it legalizes sports betting in its land-based casinos only and taxes that the action in 6.75%. Tax revenue of more than $61 million could be generated if sports betting gets legalized across casinos, retail locations, and online and is taxed at 15%, per the recent study.