It is a dilemma now facing MGM Resorts International as it nears completion of its lavish $950 million casino in Springfield with competition sprouting up even before the first croupier spins the first roulette wheel.Ĭonnecticut, where revenue from Foxwoods and Mohegan Sun has been in steady decline-and with more losses projected once Massachusetts casinos are up and running-decided that holding pat was not an option. But that variable ultimately is out of the control of most casino operators, especially those in states abutting other states that also have legalized gambling. A key to casino success is tamping down competition and forging as much of a regional monopoly as possible.
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