Of the four companies competing for the lone casino license available in western Massachusetts, one has stood out when it comes to marketing. MGM Resorts International, which hopes to build a casino in downtown Springfield, has spent hundreds of thousands of dollars on advertising.
The city of Springfield is seeking an exception to Proposition 2 ½ , the Massachusetts property tax cap law, when it comes to casinos.
An $800 million resort casino could mean tens of millions of dollars annually in additional property taxes for Springfield. But Mayor Domenic Sarno said the city will not get the full financial benefits from a casino development unless a change is made to Prop 2 ½.
The lure of thousands of jobs in the fledgling Massachusetts gaming industry is powerful in the greater Springfield area, where unemployment remains high. One of the companies competing for the lone casino license available in western Massachusetts is holding a career fair to show off the types of jobs being promised.
The two companies competing to build a resort casino in Springfield Massachusetts have affirmed local hiring goals.
Penn National Gaming says its goal is to hire 90 percent of its workforce from the city of Springfield. MGM Resorts said 35 percent of its employees would be city residents, and 90 percent would live in the Greater Springfield area. William Ward, held of the Hampden Regional Employment Board said the agency will work with whichever company gets the casino license
Springfield Mayor Domenic Sarno plans to begin negotiations today with the two casino companies competing for development rights. Top executives from MGM Resorts and Penn National Gaming gave assurances at a public forum on Monday that their projects will not cause monumental traffic problems.
Springfield Mayor Domenic Sarno said he appreciates that two world class developers are each prepared to invest up to $1 billion dollars for economic development in downtown Springfield.
Mohegan Sun officials continue to keep most details of their western Massachusetts casino project close to the vest. Top officials from the gaming company addressed a public meeting Monday night in Palmer attended by about 200 people.
Officials with Mohegan Sun addressed a meeting of 200 town officials and residents in Palmer Monday night about plans for a resort casino in the rural western Massachusetts town. WAMC”s Paul Tuthill reports
One of the gaming industry heavyweights looking to build a resort casino in western Massachusetts is expected to reveal more details about its project tonight at an eagerly anticipated public meeting.
Mohegan Sun officials are expected to reveal changes to their original plans for a $600 million resort casino development in Palmer to address the competition that has sprung up in the last year for the lone casino license available in western Massachusetts. The meeting is scheduled for 7PM at Pathfinder Regional Vocational Technical High School.