Keith Foley, an analyst at Moody’s, said when MGM Springfield opened, it didn’t undercut Mohegan Sun “that much.” Encore, which could be “more of a resort,” may present less of a risk to competitors in the area, he said. There’s no question about that,” said Michael Pollock, managing director of Spectrum Gaming Group in Horsham, Pa., a consultant on the economics, regulation and policy of gambling. “Many customers from New England will try out the new property. The region’s burgeoning casino and resort industry, including Plainridge Park Casino in Plainville, Mass., Twin River Casino in Lincoln, R.I., MGM Springfield and the venerable Mohegan Sun and Foxwoods Resort Casino, expect an impact, since the Boston area supplies thousands of gamblers for the New England market. More than 8 million visitors are expected annually. A new player is joining the already crowded New England gambling market, creating new competition for Mohegan Sun and Foxwoods Resort Casino.Įncore Boston Harbor, a $2.6 billion gambling, hotel and entertainment complex owned by Wynn Resorts opens Sunday in Everett, Mass., 10 months after MGM Springfield launched and as Connecticut’s two tribal-owned casinos look to build the state’s third gambling site to stave off the new threats from Massachusetts.
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