Gambling regulators seek more details on Springfield MGM casino costs

SPRINGFIELD, Mass. (AP) – Massachusetts gambling regulators are pressing for more details on why the cost of MGM’s planned Springfield casino has ballooned.

Casino officials disclosed last month that the cost of the downtown casino and hotel complex has risen from $800 million to more than $950 million, despite the company’s efforts to propose cost-saving design changes.

But state Gaming Commission members expressed skepticism Thursday at MGM’s estimates.

They questioned how MGM arrived at the projections, which the company says largely represent increased labor, construction material and project administration costs.

MGM officials say they’d provide details, but cautioned that some information is proprietary.

The discussion preceded a hearing at the MassMutual Center where Springfield-area residents weighed in on the design changes, which require state and city approval.

(Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s