MGM Springfield/Spectra To Operate MASSMUTUAL CENTER Together

Mass_Mutual_Center,_Springfield_MAIt could be either that the group behind Mr. Mathis at MGM Springfield are incredibly cheap by not wanting to build any more than they have to and still take advantage of what is already there in Springfield……

OR

MGM Springfield’s business parent – MGM Resorts International – has the connections, resources and experience to run the MassMutual Center better than it has been and provides the city of Springfield as well as the Center an Entertainment Center that will match the rejuvenation of the city with the addition of MGM Springfield.

I have no crystal ball, so NETG has only experience with MGM and the progress of MGM Springfield thus far to use to sort it out.  In our opinion, whatever the MGM intentions are, it’s a win-win for Spectra, MGM Springfield and the people of Springfield and should get the bid.

In case you didn’t hear, in March, MGM Springfield, the luxury resort casino scheduled to open in the fall of 2018, and Spectra by Comcast Spectacor, an expert in hospitality and entertainment, announced a joint bid for the five-year contract to operate the MassMutual Center, a multipurpose arena and convention center, in downtown Springfield, Massachusetts. Under this joint bid, MGM Springfield would serve as the venue management company and Spectra would provide food and beverage services through its Food Services & Hospitality division. Both MGM and Spectra have agreed to a collaborative approach to operate the facility, commencing July 1, 2016.

At first glance, it looks as if MGM Springfield has itself a great venue without the cost of building it.  Doing things on the cheap?  ……No, smart?  …..Yes.

Opened in Las Vegas in April

T-Mobile Arena by MGM opened in Las Vegas in April

In case people in the northeast are wondering if MGM can manage big arenas, just check the history of the MGM Grand’s Garden Arena.  It has been at the top of the list in boxing events, music performance, and any other type of big arena happening since Barbara Streisand opened it in 1993.  Need more recent proof – try the brand new T-Mobile Arena, Las Vegas’ hottest new sports and entertainment venue that just opened.  The 20,000-seat T-Mobile Arena will host be hosting UFC, boxing, hockey, basketball and bull riding to high-profile awards shows and top-name concerts.  Something tells me they have experience enough for Springfield, Mass.

Michael Mathis MGM Springfirld

Michael Mathis MGM Springfirld

“We are proud to participate in this unique opportunity to further our engagement and contributions to the Springfield community,” said Michael Mathis, President and Chief Operating Officer for MGM Springfield. “This market has unique offerings for convention goers and local residents alike, and the MassMutual Center should continue to be an integral part of what attracts visitors to downtown. With two world-class industry leaders joining forces on a bid proposal, the Massachusetts Convention Center Authority (MCCA) has a prime opportunity to select the best of the best to operate this great facility.”

If awarded the contract, MGM Springfield and Spectra will be able to deliver both short and long-term savings to the operating budget of the MassMutual Center. The joint proposal creates cross-marketing opportunities for events; the coordination of job and customer service training; better purchasing of goods and services; and a broader, more-coordinated presence at upcoming trade shows and conventions.

MGM Springfield will have another facet to their portfolio that other smaller New England casinos will not.  Only Mohegan Sun will have an arena that will be able to compete for the same variety of acts.

But the most important part to this bid is that the city of Springfield will benefit.  More visitors means more revenue, and MGM Springfield is the conduit to get people there.

Binbin