MGM and Caesars to team up in AC

Atlantic City authorities would allow a further expansion in its popular casino offerings.

US.- The traditional New Jersey gaming hub, Atlantic City, may offer soon the newest casino proposal. According to local press, the city would host a gaming venue operated by two Las Vegas giants, MGM Resorts International and Caesars Entertainment. As reported by Innovate Gaming, leading representatives of both companies held a meeting with the state’s Governor Chris Christie.

The official announcement would be published in the following weeks, as authorities are still discussing the plan. Currently, Atlantic City is struggling to end an economic crisis and one of the strategies is enhancing the casino experience, as it is the major attraction for the international tourism industry.

A joint venture between two of the world’s leading casino operators is expected to help the city’s business development. “When you hear them come up here and talk about new properties to develop and new things to do in Atlantic City both individually and then MGM and Caesars jointly, it’s a huge change to what you heard when I first got into office,” stated the governor of New Jersey, Christie, during a press conference held with MGM and Caesars CEOs.

“We are going to be working with our friends at Caesars to find out how we can further move Atlantic City along,” revealed James Murren, chairman and CEO of MGM Resorts International. “It’s not going to be easy, but we are up for the challenge.”

“It has been great to have a partner like MGM who is looking at properties that we can go develop,” added Mark Frissora, president and CEO for Caesars Entertainment. “We think the future is bright.”