MGM Pays $85 Million License Fee To Massachusetts
MGM has paid Massachusetts a required $85 million gambling licensing fee for its $800 million Springfield casino.
The state Gaming Commission announced that the Las Vegas-based company electronically submitted the payment for its 15-year license on Monday. MGM's license payment did not come due until after voters this month defeated a ballot question to repeal the state's casino law.
The commission said MGM's payment of brings the total amount of license payments received by the state to $195 million.
Wynn Resorts, which is building a $1.7 billion casino in Everett, has already paid its $85 million fee.
Penn National Gaming has also paid a $25 million license fee for its $225 million slot parlor development at Plainridge, the harness racing track in Plainville.