Summary:

The purpose of this study is to document any notable changes to the Springfield area’s real estate market following the awarding of a casino license to MGM Springfield in June 2014 and the subsequent opening of the first resort-style casino in Massachusetts in August of 2018. This report details the Social and Economic Impacts of Gambling in Massachusetts (SEIGMA) research team’s examination of the initial impacts of MGM Springfield on the residential, commercial, and industrial real estate markets for Springfield and its surrounding communities. It follows the Baseline Real Estate Conditions, Host Community Profile: Springfield report that documented residential, commercial, and industrial real estate trends prior to the awarding of the casino license to MGM Springfield.