![]() "I think we may have underestimated that level of loyalty, and what it would take for those customers to give us a shot," he said. But he acknowledged MGM may not have taken seriously enough the long-established tribal casinos in Connecticut. Mathis said MGM’s hotel is going strong, as are its restaurants - both of which contribute to different streams of tax revenue. NEPR MGM Springfield on opening day in 2018. When applying for its casino license, the company told regulators it would generate $412 million in its first year. It’s the same for Massachusetts state officials: a 25% tax on that revenue.īut MGM hasn’t kept up with its own projections. And for casinos, that’s the point: revenue. So Diaz has contributed hundreds, maybe thousands, of dollars to MGM Springfield’s bottom line. "But instead of getting the money, I’m giving the money away."ĭiaz said he visits the casino every other week, and spends about $100 each time at the slots. "Yeah, I gamble a little bit, trying to get some money," he said. His town was hard hit, and now he lives a short walk from MGM. ![]() Jimmy Diaz moved to Springfield from Puerto Rico after Hurricane Maria. But it’s been hard to brag about gambling revenue. As MGM executives celebrated the first anniversary of their casino in Springfield, Massachusetts, this month, they touted visitor numbers, jobs for city residents and the big investment downtown. ![]()
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