MGM Resorts Submits $925M Proposal for National Harbor Casino and Hotel in Maryland
MGM Resorts International has presented a proposal for a Prince George's County resort in Maryland to the state's Video Lottery Facility Location Commission. The $925 million project would include a casino with 3,600 slots, 140 table games, seven restaurants and a food court, a 1,200-seat theater, retail space and entertainment venues. Plans include a 300-suite hotel with a luxury spa and a rooftop pool. For meetings, the complex would offer 35,000 square feet of space. MGM is one of three companies to submit proposals to the Commission, which is expected to select one by the end of the year. In other MGM news, the Mashantucket Pequot Tribal Nation and MGM Resorts International have dissolved their licensing agreement for the use of the MGM Grand brand at the Foxwoods Resort Casino in Mashantucket, Conn. Foxwoods will have a six-month period to transition from using the MGM Grand brand on its 825-room hotel. The resort also offers the 312-room Great Cedar Hotel, the 825-room Grand Pequot Tower and the 280-room Two Trees Inn. Combined, the properties feature 150,000 square feet of meeting space.