MGM: All In For Springfield After Failed Everett Talks

MGM Resorts is pulling out of talks to purchase an eastern Massachusetts casino.

Officials had confirmed that MGM was negotiating the purchase of the Encore Boston Harbor Casino in Everett, but MGM now says it has noted the anxiety raised by various stakeholders over the possibility and only wishes to have a positive impact on the communities in which it operates.

The parent company, MGM International Resorts has issued a statement:

"We are committed to our Springfield community and proud of what we have accomplished including thousands of jobs and millions of dollars of revenue for small business in the area.

We will always explore ways to deepen our engagement in the Commonwealth. Our discussion regarding the Everett resort were in that spirit, We have noted the anxiety raised by various stakeholders regarding a transaction and this troubles us at MGM.

We only wish to have a positive impact on communities in which we operate. We think the best course of action is to discontinue concerning this opportunity.

We wish the company and the Everett community all the best and look forward to visiting their beautiful resort when it opens and welcoming the 5,600 employees to our industry."

(Picture: John Baibak, WHYN Radio)

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