So much for the Wynn casino. (Boston, Springfield: to buy, bus, horses) - Massachusetts (MA) - Page 4 - City-Data Forum

mdovell · 04-17-2018, 10:29 AM

Well this is certainly becoming more complicated.

If MGM buys out Wynn Boston would they keep that or springfield as a casino?

Well if they sell either one to the tribes (either one) that pretty much eliminates the need for the one in East Windsor. There's no point to sell off Springfield to the tribes while at the same time they make their one in East Windsor. If they stopped work on East Windsor CT will be furious since they lobbied so much for keeping jobs in CT.

Meanwhile if MGM chooses Boston over Springfield there might not be that much of a point to trying to make one in Bridgeport. Again CT will be furious. MGM chooses Springfield over Boston (as low as that might be) and gives Boston to the tribes there's absolutely no way they'd be interested in East Windsor. They haven't even started sitework yet and it's easily two to three years away at best.

So if it is rebid...
Penn can't realistically bid because they own the slots parlor/racetrack in Plainville.
Pinnacle is now owned by Penn
Ameristar, that spent 10 million and walked away in springfield is now owned by Penn
Wampanoag's cannot bid because they are broke.

I'm thinking maybe Rock ventures but it's hard to say.

Dm84 · 04-17-2018, 10:30 AM

You are delusional if you think the Springfield project will ever open.

tysmith95 · 04-17-2018, 10:56 AM

Again it isn't yet a done deal that Wynn is selling. Reports have only pointed to Wynn entertaining offers. Just because they're entertaining offers does not mean they are going to sell the complex and the licence.

robr2 · 04-17-2018, 11:15 AM

Quote:

Originally Posted by Dm84

You are delusional if you think the Springfield project will ever open.

Do you really think that MGM will walk away from a billion dollar investment set to open in a few month?

in_newengland · 04-17-2018, 11:53 AM

Quote:

Originally Posted by robr2

Do you really think that MGM will walk away from a billion dollar investment set to open in a few month?

I wish. I don't like casinos and it's the last thing Springfield needs. But I think it's too late to turn back. Aren't they due to open in Sept right around the time the Big E opens? What a mess that will be! Maybe I shouldn't say this, but I think if there's a casino in Springfield the mob will be involved and...here we go again. But they can't just drop Springfield at this late date.

mdovell · 04-17-2018, 02:00 PM

The mob is largely gone out of springfield. To be frank as weird as it sounds some might miss them over gangs that can't shoot straight and attack each other over petty things. Then again people said the same thing about Whitey Bulger keeping the drugs out of south boston. After the end of Big Al that was pretty much it. At this point with so much more on a focus on openness of records it cleaned up quite a bit of business.

Supposedly MGM opens up Sept 8th. The Big E doesn't start until September 14th. Yes there can be traffic but the I-91 work should largely be finished. Exits 6 and 7 have reopened. There's a ton of DPW work going on that is widening sidewalks and putting in wayfinding. Traffic varies of course. You can't always stop someone from parking at a right or left turn only and leaving a car there (unless you tow it).

There's rumors of a soft opening mid August due to a insurance convention.

At this point Wynn pretty much has to sell. You have the culture of Steve which is one thing, you have who specifically bought the property and the process that it came about. Taking the name off is fine but it would still be the same company. If other people knew what was going on that goes right down the chain of command (see Spotlight).

"You are delusional if you think the Springfield project will ever open."

Right and the Red Sox won't win the world series, they won't get OBL, the Patriots won't win a superbowl, they won't get Whitey Bulger, they'll never land a man on the moon, the soviet union will never end, we'll never have wireless internet, cable companies will last forever, physical media will be around forever, no one will go "online" to buy things etc. I grew up in the 80's heard of plenty of "nevers"

I have family that thought they'd never have a casino given how good the state lottery system is. Well Plainridge has been open for years. If it wasn't going to happen why are the tribes trying at East Windsor?

There's too much on the line in terms of jobs at both the MGM Springfield and Wynn Boston site to let one or both of them go.

tysmith95 · 04-17-2018, 02:04 PM

Quote:

Originally Posted by mdovell

At this point Wynn pretty much has to sell. You have the culture of Steve which is one thing, you have who specifically bought the property and the process that it came about. Taking the name off is fine but it would still be the same company. If other people knew what was going on that goes right down the chain of command (see Spotlight).

See I disagree with this. Wynn has resigned and divested from the company after the allegations came to light. I still think that a simple name change to something like Encore might be one of the more likely outcomes.

Dm84 · 04-17-2018, 06:23 PM

Quote:

Originally Posted by robr2

Do you really think that MGM will walk away from a billion dollar investment set to open in a few month?

I think if they HAVE to pick between operating a casino in Boston or in Springfield they will choose Boston. They can't own both and I'm not sure anyone else is interested in running a casino in Springfield.

in_newengland · 04-17-2018, 06:42 PM

Quote:

Originally Posted by Dm84

I think if they HAVE to pick between operating a casino in Boston or in Springfield they will choose Boston. They can't own both and I'm not sure anyone else is interested in running a casino in Springfield.

If they could only have one, Boston would be the logical choice. People come to Boston and actually wonder where the casino is. Not too many people go to Springfield as a destination anyway, the casino was going to start to attract them.

But how can they turn their backs on a casino that's almost done? They already have one main building up and running for the executives and administrators. People are working there. They are ready to hire about 3000 employees. Seems like they're pretty far into it to turn back now. What would they do with the buildings? Who would buy them? (No one.)

Dm84 · 04-17-2018, 06:44 PM

Quote:

Originally Posted by in_newengland

If they could only have one, Boston would be the logical choice. People come to Boston and actually wonder where the casino is. Not too many people go to Springfield as a destination anyway, the casino was going to start to attract them.

But how can they turn their backs on a casino that's almost done? They already have one main building up and running for the executives and administrators. People are working there. They are ready to hire about 3000 employees. Seems like they're pretty far into it to turn back now. What would they do with the buildings? Who would buy them? (No one.)

Just look at Atlantic City...

That said, I think someone would be interested in buying the casino license but I don't think MGM wants to run a casino in Springfield if they have the chance to run one in Boston.