Springfield seeks open court proceedings in MGM casino sale dispute
By The Weekly Edge desk ·
Summary
Springfield’s counsel asked a Hampden County Superior Court judge on Wednesday to move the confidential arbitration with MGM Resorts International into open court, reported by Casino.org News. MGM is disputing the city’s refusal to approve a proposed sale of MGM Springfield to Canadian private equity firm Clairvest; MGM claims in arbitration that the delay has caused $500 million in damages. The city cites contractual employment and gaming-floor commitments it says remain unresolved.
Why it matters
The dispute leaves the proposed transfer of MGM Springfield’s operating rights subject to the city’s approval and ongoing arbitration.