Wall Street quickly praised the Maryland announcement, saying investors will benefit now that the license has been awarded. This casino could not open until July 2016, or two years after a casino being built in Baltimore opens.

The license is the sixth granted in five years in Maryland and four casinos have already opened. The company has proposed a $1 billion resort complex in Springfield, Mass. The company is seeking approval from Massachusetts gaming regulators to operate the only casino resort license in the western part of the state. MGM Resorts has been active in the northeast. “We made a business decision from the beginning to be different in the design and development process. “We heard loud and clear that Maryland didn’t want another slots in a box,” Murren said. Murren said the National Harbor’s project design was “cutting edge” and broke away from the “traditional casino design” elements. Murren said the resort will create 2,000 construction jobs and 4,000 permanent jobs. “There is a tremendous feeling of success.” “This has been an extraordinary work product and collaboration,” Murren said. He said the company’s community outreach in Prince George’s County would continue. He said the next steps are to secure all the zoning and site plan approvals from the county and area leaders. MGM Resorts Chairman Jim Murren told the Review-Journal on Friday the more than two-year licensing effort was a tribute to the team that put the proposal together. Maryland voters approved a casino in Prince George’s County last year after lawmakers agreed to expand gambling in a special session. The nonsmoking casino plan includes 3,600 slot machines and 140 table games such as blackjack and roulette. (AP Photo/Brian Witte)īALTIMORE - MGM Resorts International won a license for a new casino near the nation’s capital in Maryland on Friday.Ī state commission voted 5-2 in favor of Las Vegas-based MGM Resort’s proposal to build a $925 million resort near the Potomac River at National Harbor with a 300-suite hotel, casino and seven restaurants. MGM's proposal for a $925 million resort in Prince George's County was approved today. James Murren, chairman and CEO of MGM Resorts International, left, and Jon Peterson, senior vice president of Peterson Companies, talk to reporters during Murren's visit in Annapolis, Md., on Friday, June 15, 2012.

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