MGM Mirage Warming Up To Atlantic City Mega-Resort
LOS ANGELES, CA - /Reuters/ - MGM Mirage's proposed new mega-resort in Atlantic City's up-and-coming Marina District will cost $1 billion to $1.5 billion, and will have a warm weather theme, CFO Jim Murren said on August 20. Las Vegas-based MGM Mirage first disclosed its plans for the resort in 2000, saying the project would be on 50 acres of land next to the Borgata, its $1 billion joint venture with Boyd Gaming Corp. now under construction. Since then, however, MGM Mirage has provided few details about the Atlantic City project on the New Jersey shore. https://costaneranj.wordpress.com/2021/10/28/the-gambling-machine/ Speaking in a phone interview, Murren told Reuters the resort is expected to cost "toward the upper end'' of the $1 billion to $1.5 billion range. Murren said the resort will create an environment that will be "comfortable and compelling'' throughout the year. "That means you've got to bring a lot of...