Springfield City Councilors To Be Briefed On How The City Spends The MGM Casino Money | WAMC

Springfield City Councilors To Be Briefed On How The City Spends The MGM Casino Money

Feb 16, 2020

The MGM casino complex which takes up three blocks in downtown Springfield is the city's largest single taxpayer.
Credit MGMSpringfield

         Elected officials want to know how the money from the largest taxpayer in the largest city in western Massachusetts is being spent.  

The Springfield City Council’s Finance and Casino Oversight Committees have scheduled a joint meeting for Tuesday to hear a detailed report on the revenue the city gets from the MGM casino and how it is spent.

Currently, Springfield receives roughly $19.5 million annually from the casino.

Springfield’s chief finance officer T.J. Plante has said the money is used “strategically.”

"It is a lot of money," said Plante, adding "We have a lot of needs."

Springfield took advance payments from MGM during the three years the casino complex was under construction, and must now pay it back.