'We thought there would be more business here than ultimately materialized - scale, scope, etc.
But he also said the company misread the Springfield market. Hornbuckle blamed the even smaller staff now on the COVID-19 pandemic, in-part. The numbers dropped significantly in the months that followed. Hornbuckle said the casino opened with more than 2,900 employees, in August 2018. Gambling revenues are about $22 million a month, far off from MGM's projections. Our original valuation of this market simply was off - full stop.' 'Let's just come to an understanding here: If it's, something dynamically has changed in this marketplace. ' milestone ought to be like 2,000 employees, not ,' he said, according to audio recorded by WAMC.
On a visit to Springfield to meet with city officials, Bill Hornbuckle said the resort employed 1,440 employees, with 279 openings. The president and CEO of MGM Resorts said Friday it's 'not a real notion' to expect its Springfield casino to return to its originally promised number of 3,000 jobs.
