Downtown Atlanta Casino a Reality with MGM?

Could a Las Vegas high roller be making its way to Atlanta? Maybe, but it'll be an uphill slog. With proposals in the State House to legalize casino gambling in Georgia, a secret party of unnamed power brokers have invited MGM Resorts International to pitch the idea of a $1B gambling complex somewhere downtown, adding 3,500 jobs to the area and tens of millions into the HOPE scholarship. Where it will go remains to be seen, but it appears the soon-to-be vacant Turner Field site is out, while the Georgia World Congress Center is a strong contender, reports the Atlanta-Journal Constitution. While in the preliminary stages, State Rep. Ron Stephens tells the paper, “I’ve seen what they want to do, and it’s going to blow your mind. It’s massive in its size and its elegance. This is a game changer. I’m looking for a win-win-win and this is it.” Proposed legislation would allow localities to have voters approve casino gambling in their district, but any specific plans would still need an OK from the governor and from the state lottery commission. And a spokesperson for Gov. Nathan Deal hinted strongly that an approval wouldn't come during his administration. [AJC]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Thor Equities Plans $1B Data Center In North Georgia: The Atlanta Deal Sheet

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Solar Projects In Georgia Meet Local Backlash As Data Centers Drive Demand For Power

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient

Sixers And Flyers Unveil Renderings Of South Philly Arena Due In 2030