MGM National Harbor News - Page 5

The Grammy Award-winning entertainer will perform at multiple MGM Resorts venues, including Park Theater at Monte Carlo in Las Vegas and The Theater at MGM National Harbor in Maryland.

The resort, located minutes from Washington D.C. on the banks of the Potomac River, is now accepting room reservations.

Designer Ed Libby will create vibrant horticultural displays to be displayed at The Conservatory later this year.

Complementing the modern elegance of the resort, the suite designs - developed by Studio GAIA - draw inspiration from the forest and water elements native to the Maryland area and feature stunning views of the surrounding landscape.

National Harbor Casino has a serious focus and commitment to commissioning local artists for the new property.

The Northeast casino market is becoming flooded with new competition, which is bad for operators but great for equipment and game providers.

The CEO of Golden Entertainment sees no reason to change his or the company's management style.

Longtime congressional staffer Eloy Martinez is the new senior director of government relations, and former Nevada Congressman Steven Horsford has been hired as a strategic communications consultant.

The MGM project in Prince George's County, Maryland, is expected to open late next year.

Gambling revenue is predicted to rise in Maryland.

A firm headed by former Nevada Congressman Steven Horsford will oversee brand marketing efforts for the $1.3 billion MGM National Harbor development, a resort under construction near Washington, D.C.

Analysts expect MGM to announce a new strategic plan soon, and an interview with Jim Murren indicates that it is likely to include spinning off part of the company into a real estate investment trust.

The $100 million theater is the latest in a line of nongaming developments MGM is investing in at its nine Strip resorts.

And that’s without the unsolicited offer from a minor shareholder to convert the casino giant into a real estate investment trust.

$1.2 billion MGM National Harbor casino resort to open second half of 2016.

As 2014 draws to a close, MGM Resorts is on an upswing.

The casino operator said the funds will be used primarily for development costs surrounding the company’s casino projects in Massachusetts and Maryland.

The company, which already carries $11.7 billion in long-term debt, said the new debt would come due in 2023.

Following the company’s release of second-quarter earnings this month — a profit of $105.5 million on revenue of $2.6 billion — the investment community praised the company and lauded expansion opportunities in the U.S. and Macau.

MGM National Harbor casino resort has been approved by the Prince George County Council.