Menu

Financial

MGM makes $1Billion Proposal for ATL Casino

- August 3, 2015 By Samantha A. -

Georgia is going to have a casino in the works soon.

Proposal after proposal have been sent to Georgia State Legislature and finally 2015 has brought the best chance to bring a casino to Downtown Atlanta. The new legislature will push to allow up to 6 casino and resorts to be built in Downtown Atlanta one of the mecca cities in the south. MGM who has been making major business moves throughout the country has derived a $1billion proposal to build a complex in Downtown ATL if granted clearance. MGM has plans to build a casino in Springfield but will need the commission to give the green light before any moves can be made in the Georgia mega city.

Building the Support

MGM has to get two-thirds of the votes from legislatures to get the clearances they need. They have hired 5 lobbyist to support the bill and help push it as far as they can. With only 6 permits being issued the MGM has made their interest known with this large proposal. The Georgia State lottery already impacts the city through funding of education with the addition of the new casinos to ATL area the voters will have the option of placing a casino in an area nearby. This offers jobs and other amenities to the city. The casino will aid H.O.P.E. Scholarship funding that will help in-state college tuition and cost for incoming qualifying collegiate students.

Building the Idea

MGM has reported plans to build an entertainment venue and luxury hotel to go with the gaming floor. Although they are in the early stages of the idea, the plans are being made in hopes of a legislative move that will ultimately impact the entire city. Bringing the gaming culture to ATL will expand the large city even more allowing it to become a real southern metropolis if it is not considered one already. Big news for the gaming industry and MGM Resorts International if everything goes to plan.

YOU MIGHT BE ALSO BE INTERESTED IN THESE:

LATEST NEWS

Northern Territory's operator policy will be dealt a serious blow.

Australia to Introduce Betting Point of Consumption Tax [...]

Cheltenham Festival Results Delight UK Bookmakers [...]

Two contradicting bills now to be considered by Florida lawmakers.

Florida House Committee Passes Gambling Bill [...]

MORE INTERESTING ARTICLES

Getting the Best out of Baccarat [...]

Basic Tips for Playing Online Blackjack [...]

European Roulette

Online Roulette: Tips and Tricks [...]

BACK TO TOP

Receive Exclusive Bonuses, Promotions & News

Never miss a good casino promotion again! Add your email to our mailing list and receive some exclusive casino bonuses, promotions & updates straight to your inbox.