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MGM Springfield. MGM Springfield is a $950 million resort casino under construction in Springfield, Massachusetts. The casino, which is scheduled to open in 2018, will be owned and operated by MGM Resorts International. Contents.
The company now known as MGM Resorts International was founded in 1986 as a subsidiary of Kerkorianâs Tracinda Corporation. In 1993 the company opened the MGM Grand Las Vegas and the MGM Grand Adventures theme park. The final construction cost was $1 billion. In 1997 MGM opened the New York New York Hotel and Casino, a casino that recreated the New York skyline, across the street from the MGM Grand Las Vegas. The company continued to grow through mergers, joint ventures, and partnerships.