Arbitrator: Longmeadow should get $4.4M from MGM

Published May 1, 2014 12:40am ET



BOSTON (AP) — The town of Longmeadow has been authorized to receive about $4.4 million in compensation over 15 years from MGM as the gambling giant seeks to build a casino in neighboring Springfield, Longmeadow officials said Wednesday.

The town said a three-member arbitration panel picked Longmeadow’s “best and final offer” for a surrounding community agreement that includes an $850,000 upfront payment and 13 annual payments of $275,000, which would begin when MGM opens its doors on its proposed $800 million casino.

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