MGM Atlantic City project to go ahead
The board of the gaming giant MGM Mirage have given the green light to the proposed development of a major casino resort project in Atlantic City.
The MGM Grand Atlantic City will be built at a cost of up to $5 billion, not including the cost of the land at the Renaissance Pointe, and looks set to be one of the finest gaming resorts in the world.
According to the plans released by the group, the new project will see three separate and strikingly unique towers be constructed next to one another and boasting a total of more than 3,000 rooms and suites.
Below the luxurious suites, guests will be able to make use of the largest gaming floor Atlantic City has ever seen, complete with 5,000 slot machines, 200 table games and a state-of-the-art poker room.
There will also be a variety of restaurants, nightclubs and bars as well as a 1,500 seat theatre which is guaranteed to draw in some top names.
“Our company has carefully considered the possibilities for our landholdings in Atlantic City,” said Terry Lanni, Chairman and CEO of MGM Mirage.
“We will continue to raise the bar, and by doing so, hope to re-energize the city’s resort offerings and attract a new market of affluent East Coast customers.”