Global Casino BOOM

Foxwoods Casino in Connecticut is an Indian casino about two hours from New York City and two hours from Boston, and competes directly with its mega neighbor Mohegan Sun for these two markets.
Foxwoods is one of the biggest casinos in the US, and it just got bigger with the opening of it $700 million MGM […]

Heres the official announcement.  I cant help but wonder how people will refer to this complex.  Will it be, “Im staying at Vdara at CityCenter”, or “Im staying at Aria’s Vdara”?
CityCenter has revealed that its stunning resort casino, scheduled to open in late 2009, will be named ARIA. With an unprecedented combination of striking architecture, […]

No this isnt about MGM building a casino in Manhattan. NYC doesnt have casinos and probably wont while Im alive. However, it appears MGM Mirage was in discussions to buy a famed NYC hotel, The Drake, which I would assume would be rebranded the MGM Grand New York.
This is an interesting strategy. MGM has

MGM announced that the budget for its 50% owned CityCenter in Las Vegas is now over $9 billion:
The gross project budget consists of $9.2 billion of construction costs (including capitalized interest), $1.7 billion of land, $0.2 billion of preopening expenses, and $0.1 billion of intangible assets
This is up from a price in the

Stop the presses! MGM is apparently looking into India to build a casino resort. This is the first time I’ve seen this, and if its true, it would be big, big news and could shake up the gaming industry as India and its billion people open their porte cochere to billion dollar Las Vegas […]

A few days ago I mentioned MGM Mirage was making a presentation to Japan’s government. Here is the presentation.
Its worth flipping through the slides. There are alot of relly beautiful pictures in there and its an excellent overview of the company. They certainly has alot on their plate and really is diversifying itself out […]