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MGM Found Suitable For License In Maryland

Casino Giant Gets Crucial OK From State

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A subsidiary of MGM Resorts International was found to be suitable for a potential casino license in Maryland. The firm wants to build a casino-resort at National Harbor in Prince George’s County.

“We are very pleased with the results of the process in Maryland,” MGM Resorts Chairman and CEO Jim Murren said in a statement Thursday. “We commend the Maryland Gaming and Lottery Control Agency on its proficiency throughout this process. Our company has undergone similar processes in a number of jurisdictions and we found Maryland’s process to be thorough, comprehensive, and conducted in a fair and professional manner.”

MGM National Harbor is currently one of three bidders vying for a new license in Prince George’s County. The next step in the licensing process comes very soon. During the week of October 21 bidders will present their respective proposals to regulators.

“We look forward to October 25, and the opportunity to share our proposal with the Commission, the people of Maryland, especially our prospective neighbors in Prince George’s County,” Murren added. “We have the best site, the best proposal and the best company. The combination of our experience, our vision, and the unmatched National Harbor site will maximize the benefit for Maryland and Prince George’s County.”

The other firms in contention are Greenwood Racing and Penn National Gaming. Those two were also approved by the state for continuing along in the licensing process.

Just one firm will get the final approval to build.

Last year, Maryland voters authorized another casino for the state.

Additionally, live dealer table games were also approved by lawmakers and voters.

Caesars Entertainment is currently building a new casino in Baltimore.

 
 
Tags: MGM,   Maryland