While the Wynn-Kraft partners continue to focus on Foxborough as the site of a Massachusetts casino, MGM Resorts International (MGM) has scrapped its plans for a casino in rural Brimfield.
In announcing its withdrawal from a partnership with the Rolling Hills Realty Trust, MGM’s Bill Hornbuckle issued a statement saying, "The unique nature of MGM’s plans for an all-inclusive world-class resort on the Brimfield site, and our growing understanding of the needed scope for its infrastructure, simply does not allow us to pursue the comprehensive MGM resort originally envisioned here."
The Brimfield site is adjacent to the Massachusetts Turnpike but has no direct access from the highway.
Some analysts believe the withdrawal will benefit Ameristar Casinos Inc. (ASCA) which has a site in Springfield.
Meanwhile, Bob Kraft, owner of the New England Patriots and owner of the site selected for a casino adjacent to Gillette Stadium, is involved in a dispute with the town of Foxborough over two billboards that sit on the company’s land.
Pokin' Around | The poker push at LVH first began in late July with a temporary spot on the casino floor and then moved into a permanent location by mid-September – a cozy room across from the Tempo Lounge that’s full of Elvis pictures on the walls.
On Monday, Gaming and Leisure Properties Inc. announced it was acquiring the real estate assets associated with the Casino Queen in East St. Louis, Illinois, a gambling enterprise that included Las Vegan Michael Gaughan among its original investors.
The Atlantic Club Casino Hotel has laid out its assets and liabilities for the court. The casino formerly known as the Atlantic City Hilton listed assets, excluding real property, of $17.1 million and liabilities of $16.8 million.
More potential competitors for upstate New York casino licenses are emerging despite an increasingly crowded Northeast market. New York officials will begin awarding casino licenses next year.
Macau has caught the eye of the Massachusetts Gaming Commission as they complete background checks on MGM Resorts International and Wynn Resorts.
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