Following Tuesday’s defeat of a ballot initiative to overturn the state’s casino law, the Massachusetts Gaming Commission on Thursday formally awarded a license to MGM Resorts for its casino in Springfield.
MGM Springfield was conditionally granted an operating license in June, pending the outcome of Tuesday’s election, to build its proposed $800 million resort in the city’s South End. In accepting the license MGM Springfield President Mike Mathis says he’s looking to convince both casino supporters and opponents of the benefits his industry will bring to the state.
“As excited as we are about the 60% that turned out in support of this vote, we are laser-focused on the 40% that we want to convert and we want to show that this is a powerful economic tool. And that we will bring towns like Springfield, Everett and Plainville back to economic strength,” says Mathis.
The Commission also formally awarded Wynn Resorts a license for a $1.6 billion casino in Everett. The state’s third and final resort casino license, which is reserved for the Fall River-New Bedford region, is expected to be issued next year.