MGM, Mayor Sarno Sign Host Community Deal, MGM Says HCA Calls for Upfront/Advance Payments $15M

With pen to paper, and after almost two and a half months of negotiations, MGM Resorts International (NYSE: MGM ) and the City of Springfield today marked the signing of a Host Community Agreement ("HCA") that incorporates more than $25 million in annual payments for Springfield should MGM win the Western Massachusetts