Lately, Atlantic City has been trying to boost revenue and attract more upscale visitors.  With the city’s 11 casinos having invested billions of dollars in attracting visitors who are drawn by entertainment, dining and shopping options, they plan to regain their former popularity.  The city’s gambling revenue fell 4 percent from the start of the year through August, which marks this as the first annual revenue decline in the city’s 29-year gambling history.  They think this decrease may be due to the new slots parlors in Pennsylvania , Delaware and New York .

            Now, MGM Mirage Inc. plans to build a mega-casino resort in Atlantic City that will outshine all previous hotels there.  The new project, called MGM Grand Atlantic City, will cost between $4.5 billion and $5 billion and will be built on a 72-acre site at Renaissance Pointe.  The final outcome will consist of three hotel towers with more that 3,000 rooms and suites, and will feature the largest casino floor in Atlantic City .  This floor will offer 5,000 slot machines, 200 table games, a large poker room, a 1,500-seat theater, along with restaurants, nightclubs, a spa and 500,000 square feet of retail space.  The anticipated opening date is 2012.

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