Atlantic City Casino Profits Rose by Almost 20% [...]
MGM makes $1Billion Proposal for ATL Casino
- August 3, 2015 By Samantha A. -
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.