He said such activities require less capital than other improvements that might be necessary if the properties weren’t “so new, and so fresh.”Ī more immediate concern for the casinos would be a viral outbreak here, though there have been no signs of that happening. “Maybe there are plans down the road for some select expansions, but for now, I think the ramp likely has more to do with marketing campaigns, advertising approaches.' Barry Jonas, a gaming analyst with the financial firm SunTrust Robinson Humphrey, said the cost of supporting the casinos as they find their financial footing will pale in comparison with those outlays. Encore cost $2.6 billion, and MGM Springfield cost nearly $1 billion. MGM and Wynn already spent huge amounts of money just to build the Massachusetts casinos. Woinski noted that Massachusetts gambling isn’t going to make up for losses elsewhere by itself ― Wynn told investors it was losing about $2.5 million per day during the Macau shutdown ― but it could help to reduce the pain. “There’s always an impulse: If you’re not making money somewhere else, you do something at one of your other properties to make it back,” he said.

Problems elsewhere could actually make regional properties like those in Massachusetts more of a priority for the companies, according to New Jersey casino consultant Alan R.

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