Maryland Live! casino plans US$200 million expansion of its gambling resort as MGM National Harbor gets ready to open.
US.- Maryland Live! casino announced this week its plan to invest US$200 million to construct a 17-story hotel tower. Later this year is expected the opening of MGM National Harbor, a US$1.2 billion project.
The MGM National Harbor and Maryland Live casinos are hardly 40 miles from one another. Maryland Live is currently the state’s largest casino in the area, a title it will lose when the National Harbor venue opens sometime in 2016.The Cordish Companies, the Baltimore-based owners of Maryland Live, says it will expand its property to remain competitive.
“Maryland Live! Casino is the premier gaming, entertainment and retail destination serving the heart of Baltimore/Washington,” said Robert Norton, Cordish Global Gaming Group President. “The addition of our flagship Live! Hotel is just the latest investment we are making to ensure Maryland Live! continues to be the preferred choice for . . . world-class gaming and entertainment.”
Jim Murren, MGM CEO said last year: “The reason why we’re investing to the degree we are is because we don’t believe it is a regional casino.” Murren is certain that the MGM National Harbor will become a resort destination where visitors to the nation’s capital stay and play.