MGM Springfield revenues in line with expectations, company tells investors
MGM Springfield brought in $42.5 million in net revenue over its first five weeks of operation, according to the third-quarter earnings report released this week by parent company MGM Resorts International. That revenue resulted in earnings of $7.6 million. MGM reported $31.6 million in start-up preopening expenses recorded just in the third quarter. Regarding MGM Springfield, MGM Resorts chairman and CEO Jim Murren had this to say during a conference call with stock analysts: