Mayor Domenic J. Sarno said he met on Wednesday with Bill Hornbuckle, president and chief executive officer of MGM International, and Louis Theros, chief operating officer of the city’s casino, about the…possible sale of MGM Springfield.
Sarno did not reveal any details of the conversation. “This is an ongoing process and there will be further communication and dialogue with regards to any possible sale,” he said in a statement.
Two weeks ago, Bloomberg reported MGM was considering selling the downtown casino, which opened five years ago and has not reached revenue expectations predicted when the gambling giant was competing to develop in the city.
