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MGM Grand Atlantic City

MGM Grand Atlantic City was a planned resort casino by MGM Mirage in Atlantic City, New Jersey. It was to be located on 72 acres (29 ha) of land between the Borgata Hotel Casino & Spa (which MGM owns) and Harrah's Atlantic City.

MGM Grand Atlantic City
Mgmgrand-atlanticcity.jpg
Address Atlantic City, New Jersey 08401
Theme Various Themes
No. of rooms 3,000+
Casino type Land-Based
Owner MGM Resorts International

HistoryEdit

Announcing the resort in October 2007, MGM Mirage estimated the construction would "have a budget in the $4.5-$5 billion range", with ground to be broken in 2008 and the hotel to open in 2012.[1] In October 2008, MGM Mirage declared in its third-quarter financial report that development activities for the resort other than design and pre-development had been postponed due to economic conditions of the late-2000s recession and the credit market environment from the financial crisis of 2007–2010.[2] On March 12, 2010, MGM Mirage announced it would stop doing business as a gaming licensee in New Jersey, effectively abandoned the project.[3]

DesignEdit

The project was to include three separate interconnected hotel towers, each aimed at a distinct type of customer, including an all-suites tower for high rollers. The plan also included a theater, spa, convention center and 500,000 sq ft (46,000 m2) of retail space.[4] MGM Resorts still owns the 72-acre tract of land on which the casino was to be built.[5]

ReferencesEdit