MGM is planning a $ 1 billion casino in Atlanta

MGM is already interested in the casino market in Georgia even if the law which should legalize gambling and permit the opening of casinos was not yet voted by legislators. With the impact on the economy of Delaware, New Jersey and Nevada of casino sector, the State of Georgia plans to legalize the market except that it will not be this year. Indeed, the bill of the Economic Development Committee President, Ron Stephens has already been introduced in the parliament, but its adoption could extend until November 2016 when it will be put to the vote.

If the adoption of law to legalize casino and gambling and the authorization of building of six casino resorts in Georgia seems to take time, MGM Resorts International has confirmed its interest in the market. This project could be added to the MGM casino project in Springfield which opening was postponed in September 2018 and which required an investment of $ 800 million. MGM plans to build a casino in Atlanta for a total investment of $ 1 billion and it committed five lobbyists to pass the bill. If the law is passed by two-thirds of lawmakers, the operation of the six casino licenses will be done under the supervision of the Georgia Lottery Corp. after the fact that the board of directors of the State lottery has given its approval to each project.

August 5, 2015 by : posted in CASINO, NEWS No Comments

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