Who Owns Mgm Casino In Maryland

  1. Who Owns Mgm Casino In Maryland Heights
  2. Who Owns Mgm Casino In Maryland State
Luxury Destination Resort on Schedule to Open in Fourth Quarter of 2016 in the Nation’s Capital Region
Who
  • The MGM MIRAGE name comes from the Metro-Goldwyn-Mayer (MGM) film studio (famous for the film Grand Hotel), which Kerkorian bought in 1969, and Mirage Resorts (Mirage, Treasure Island, Bellagio), which was acquired from Steve Wynn in 2000 for $6.4 billion.
  • Maryland Overwhelmingly Votes To Legalize Sports Betting At Stadiums And Casinos Maryland joined Virginia and the District in approving sports betting. It may take another year or so before the.

MGM’s 308-room MGM National Harbor property, which opened in 2016, has Maryland’s largest casino floor — about the size of the Orleans casino in Las Vegas — with more than 3,000 slot. The American Casino Guidehas over $1,000 in money-saving coupons from all over the country! MGM National Harbor is one of 19 properties owned by MGM Resorts International. In the Gaming Business Directory published by Casino City Press. For more information about Gaming Business Directory products visit.

Who Owns Mgm Casino In Maryland

Who Owns Mgm Casino In Maryland Heights

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NATIONAL HARBOR, Md., (January 20, 2016) – MGM National Harbor today celebrated the “topping off” of the $1.4 billion resort casino by placing the final level atop the highest point on the 24-story concrete structure. This significant construction milestone comes as the much-anticipated resort moves toward its opening in the fourth quarter of 2016. The luxury resort is set to become a premier destination in the Capital Region for entertainment, dining, shopping, gaming, and much more.
“Today, we commemorate an important construction milestone for MGM National Harbor, as our vision for building the finest luxury resort on the East Coast continues to come to fruition. When we began this journey, we set out to design a property that would rival any in our portfolio, bring great pride to Prince George’s County and the State of Maryland. Looking at the project now, it is clear that we are well on our way to delivering on that vision,” said Jim Murren, Chairman and CEO of MGM Resorts International (NYSE: MGM).
MGM National Harbor reflects a contemporary, bold and progressive design inspired by the historic area, national icons and natural beauty of Maryland, Washington, D.C. and Virginia. MGM recently announced that renowned chefs José Andrés, Marcus Samuelsson, and Bryan and Michael Voltaggio will lead its culinary program. In addition, the resort will feature 308 guest rooms and suites, a world-class spa, a 3,000-seat entertainment theater, high-end branded retail, an expansive gaming floor with table games such as poker, baccarat and slot machines, and more than 25,000 square feet of meetings space.

Lorenzo Creighton, President and Chief Operating Officer of MGM National Harbor, said, “We are grateful to the thousands of talented individuals – architects, construction workers, contractors and more – who’ve worked with great pride to make this amazing achievement happen so quickly. It’s a marvel to watch the incredible progress. Now, with the ‘topping off’ complete and winter setting in, work begins within the resort. We look forward to maintaining the momentum and unveiling the finished product later this year.”

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Joining Mr. Murren and Mr. Creighton to mark the milestone was Bill Boasberg, General Manager of MGM National Harbor, who will run the day-to-day operations for the resort once open, as well as senior executives from the MGM Resorts International leadership team in Las Vegas and the Regional Operations team based in Maryland.

MGM Resorts International was awarded the sixth license to operate a casino in Maryland in December 2013, and began construction on MGM National Harbor in May 2014. Since then, on average, about 1,100 workers are active on the site each day, building the resort to design specifications and LEED Gold Certification standards. Approximately 31 percent of contracts have been awarded to Minority Business Enterprises (MBEs), and nearly 20% of total labor hours in 2015 were performed by Prince George’s County residents.

About MGM National Harbor
The newest addition to the MGM Resorts International (NYSE:MGM) portfolio, MGM National Harbor has an unrivaled setting offering stunning panoramic views of the eastern shore of the Potomac River in Maryland. The $1.4 billion LEED® Gold Certified resort, which opened December 8, 2016, sits a short distance from Washington, D.C. to the north and historic sites, including George Washington's Mount Vernon estate across the river in Virginia. The 24-story, 308-room resort features premier amenities and experiences for locals as well as visitors from around the world including a dynamic casino with over 125,000 square feet of space that includes slots, table games and poker; a world-class spa and salon; an entertainment theater with flexible seating for up to 3,000; high-end branded retail; 50,000 square feet of meeting space; and restaurants from renowned local, national and international chefs. For more information and reservations, visit mgmnationalharbor.com.
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company is in the process of developing MGM National Harbor in Maryland and MGM Springfield in Massachusetts. The Company also owns 51 percent of MGM China Holdings Limited, which owns the MGM Macau resort and casino and is developing a gaming resort in Cotai, and 50 percent of CityCenter in Las Vegas, which features ARIA Resort & Casino. For more information about MGM Resorts International, visit the Company's website at mgmresorts.com.
Forward-Looking Statements
Statements in this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MGM National Harbor has based these statements on management’s current expectations and assumptions and not on historical facts. Examples of these statements include statements regarding the contemplated lineup of chefs and the expected opening date of the casino resort. A number of important factors could cause actual results to differ materially from those indicated in such forward-looking statements, including effects of economic and market conditions, competition with other destination travel locations throughout the United States and the world, and the design, timing and costs of the projects and risks relating to permits, licenses, financings, approvals and other contingencies and additional risks and uncertainties described in the MGM Resorts International Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports) filed with the Securities and Exchange Commission. In providing forward-looking statements, MGM National Harbor is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law.

Contact(s)

Who Owns Mgm Casino In Maryland State

Who Owns Mgm Casino In Maryland
Media Contacts
Suzette Meade
(301) 971-6111
mediarelations@mgmnationalharbor.com
Mark Meissner
(202) 414-6165
mark.meissner@rr-resourcesplus.com