MGM Mirage says don't doubt plans for new Atlantic City casino

Monday February 19, 2007

One rival gaming executive thinks the odds are no bigger than 50-50 that MGM Mirage will conformation a brand-new casino access Atlantic City.

Analysts add the Las Vegas based gaming giant could act as discouraged by rising construction costs, extra competition from surrounding states and the effects of Atlantic City's advanced casino blazing restrictions.

And therefore professional are the skeptics who point to two other casino projects that MGM promised to body earlier character Atlantic City, but never went ended hide the plans.

MGM, however, says that the critics should soundless down. Bona fide wants everyone to comprehend that real is serious about developing a new megaresort on a 70-acre site next to Borgata Hotel Casino & Spa.

"To imply that our company is all talk and no action is simply inaccurate," said Gordon Absher, MGM vice president of public affairs.