MGM National Harbor seen as important symbol

Mar 21, 2016 10:01 AM

Ignorance is the number one threat to the U.S. gaming industry, MGM Resorts CEO Jim Murren told gaming regulators Thursday during meeting at which he outlined details of the company’s plan for the future.

He placed particular emphasis on the role that the $1.3 billion MGM National Harbor resort will play when it opens late this year a few miles from the nation’s capital in Maryland.

Perceptions of the gaming industry and the role it plays as an economic engine are in many cases, Murren said, very distant from reality.

Murren contends the newest MGM property will stand out as a symbol of what a top of the line casino resort can mean to communities and states in which they are located.

Many people he said have learned everything they know about casinos and the industry from movies and  television shows.

The location of the National Harbor facility means it will be watched closely by important personalities who play big roles in the writing of policies that affect casinos everywhere.

Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: [email protected].