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MGM told the state its casino would win around $34.8 million each month. Since opening in late August of 2018, the casino has never once hit even the $30 million mark. Its best month on record was its first \u2013 September 2018 \u2013 when GGR was $26.9 million.<\/p>\n<\/div>\n
The casino announced last month that two key executives were being replaced. MGM Springfield Michael Mathis and CFO Courtney Wenleder both departed.<\/p>\n
Mathis’ successor is Chris Kelley, who previously led MGM’s rebranding and integration of the company’s Northfield Park racino in Ohio.<\/p>\n
Competition could become even more saturated should the MGC move forward with licensing a third and final full-scale casino resort. The permit can only be authorized for the state’s southeastern region.<\/p>\n","protected":false},"excerpt":{"rendered":"
Encore Boston Harbor continues to struggle in Massachusetts. The $2.6 billion casino reported a 10 percent decline in gross gaming revenue (GGR) last month. Wynn Resorts’ first domestic casino not in Las Vegas opened in June of 2019. It’s fallen far short of premarket gaming revenue forecasts. Casino win for Encore Boston totaled $48.57 million […]<\/p>\n","protected":false},"author":25,"featured_media":127433,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\n
Encore Boston Harbor Struggles Continue, January Casino Win Down<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n