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Casino requests by MGM and Penn National; record income by Pennsylvania casinos | 7 January 2013 : WorldCasinoYellowPages

Casino requests by MGM and Penn National; record income by Pennsylvania casinos

... 07 January 2013

Casino requests by MGM and Penn National; record income by Pennsylvania casinos

The corresponding casino proposals have been put forward in Western Massachusetts by the two casino operators - Penn National Gaming and MGM Resorts. It is noteworthy that the operators are ostensibly engaged in the indefinite game of outshining each other and they have presented their proposals prior to the closing date of 15th January fixed by the officers of the city and the state. The requests put forward to the Massachusetts Gaming Commission consist of corresponding casino plans by the two casino monsters for construction of their properties themed on resorts in Springfield. They can do so by the grant of only casino license in the city to any one of them.

The planning of MGM consists of a resort casino worth $850 million which will be constructed in the city center of Springfield. There will also be a suburban region, vending, amusement and feasting alternatives. A clue about 3,000 everlasting and 2,000 momentary jobs was also given by the casino operator. The 2,000 temporary jobs will be produced during commencement of the building up of casino pulling out the way for enduring jobs during working of the casino.

In the meantime, the casino offer of Penn National Gaming consists of building up of Hollywood Casino Springfield in the North End region of the city on an area of 13.4 acres. The casino will cost around $806 million which will produce 2,500 jobs during construction and 1,500 jobs during commencement of operations of the casino.

Apart from the two opponent casino companies, Mohegan Tribal Gaming Authority also seems to be interested into submitting its own casino proposal for the sole casino license in western Massachusetts. The offer of the company includes a casino worth $600 million to be constructed on an area of 152 acres in Palmer, Massachusetts that will comprise of a mass of aristocratic facilities such as vending, feasting, deluxe hotel and amusement alternatives plus casino gaming. The gaming products will be executed on an indeterminate number of slot machines and table games.

The Gaming Control Board of the state in Pennsylvania has revealed that the gross income from slot machines in 2012 has achieved unsurpassed high figures collecting $2.5 billion for the full date book year. These figures have even surpassed the figures of the year 2011 by 2.7% which were $2.41 billion. It is for the continuous sixth year that the state has witnessed a rise in income from slot machines despite the fact that the foremost casino of the state commenced only in 2006. Also the number of challenging casinos in nearby states such as Maryland, New Jersey and Ohio is on the rise.  

Out of 11 casinos of Pennsylvania, the Parx casino of Greenwood Gaming stated incomes worth $384.6 million which is a rise of 2.1% as compared to its incomes from the year 2011. Similarly, gross incomes worth $282.1 million, $291.5 million and $259.5 million were stated by other casinos such as Rivers, Sands Casino Resort and Harrah’s Philadelphia respectively from their slot machines.

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