MGM Mirage executive announce they will delay development of a Strip mega-resort at the 55-acre

Boardwalk site and will instead focus their efforts on an Atlantic City gaming project.

The resort will be built on a 55-acre parcel in the center of the H-tract, a former city landfill that will also be home to the $1 billion, 2,000-room Borgata, a joint project of Body Gaming Co. and MGM Mirage, set to open in 2003.

In its announcement, MGM Mirage said it was putting development opportunities on other site – including several in Las Vegas and one along the Boardwalk in Atlantic City – on the back burner. “We have rigorously examined the myriad development options available to us, and have determined that the Atlantic City parcel represents the most attractive near-term investment opportunity,” MGM Mirage chairman Terry Lanni said in a statement of release Jan. 16.

The size, scope, theme and budget for the Atlantic City property will be announced once its design phase is completed. No timetable for the development was available at press time. 에볼루션 바카라사이트

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