Decent action on Harvard All three casinos in Massachusetts have been fined by the Massachusetts Gaming Commission for accepting illegal sports bets. The fines, announced Tuesday, total $50,000. In February, MGM Springfield took wagers on two games involving in-state college teams. There are exceptions in cases when the team is involved in a tournament, but… Read more »
2020 saw the casino industry worldwide suffer at the hands of the COVID pandemic. For several months in 2020 and 2021, casinos were shuttered around the world and poker rooms have been the ones that have suffered the most. In Massachusetts, these poker rooms have remained in a state of limbo, but that could change… Read more »
Continues the real estate/operation split MGM Growth Properties has acquired the real estate of MGM Springfield in Massachusetts from MGM Resorts International for $400 million cash. The purchase is a leaseback deal in which MGM Resorts will continue to operate the property and pay MGM Growth $30 million per year in rent. In Tuesday’s announcement,… Read more »
Pandemic roller coaster The COVID-19 pandemic has obviously been devastating to casinos, but things are about to get worse for the few in Massachusetts. This week, Governor Charlie Baker announced a slew of “targeted measures” to slow the spread of the virus. The United States is in its “third wave” of the pandemic right now,… Read more »
Need that revenue to flow again Encore Boston Harbor and MGM Springfield have asked the Massachusetts Gaming Commission for the go-ahead to open up their craps and roulette tables. The Commission will consider the request, scheduled to have a virtual meeting to discuss the matter at 10:00am Thursday. “We appreciate the Gaming Commission’s consideration of… Read more »
MGM Resorts International has announced the creation of a new live poker series, the MGM Resorts East Coast Poker Tour (ECPT). As the name implies, the tour will be hosted by MGM’s large casinos in the eastern United States. The ECPT will kickoff in February 2020. Like some regional or “minor league” poker tours, the… Read more »
