Just in time for March Madness, the MGM Grand will open its new race and sports book on Thursday — the first day of the first round of the NCAA basketball tournament.
The state-of-the-art betting arena is located near the MGM’s Studio 54 nightclub with direct access to the Las Vegas Strip.
The sports book portion of the 5,300-square-foot betting arena will seat up to 104 guests, who will be able to watch all the action on 36 60-inch plasma televisions and eight 42-inch plasma TVs. Current odds, betting lines and other information will be posted on three electronic display boards, and 17 separate race and sports betting counters will ensure bettors won’t get caught in long lines.
The sports book will also be the first in the industry to offer "skyboxes" for its guests. Four deluxe boxes, each of which is about 300 square feet in size, will be equipped with high-tech audio visual equipment such as plasma televisions and surround-sound audio with a CD system.
Each of the skyboxes, available for daily rental, will comfortably handle up to 10 guests, who will be treated to a unique upper-level upper-level view of all the action.
"MGM Grand’s new race and sports book demonstrates our ability to offer another exciting gaming option for our guests," said Gamal Aziz, president of the MGM Grand. "Sports fans will have an opportunity to place wagers on their favorite team or event in a highly-energized environment."
The sports book will be capable of receiving more than 30 channels of simultaneous action from all the major international athletic and racing events, including the four major professional sports along with boxing, soccer and championship golf.
The race book portion of the new book will feature 47 seats, each with its own 10-inch color TV, allowing guests to personally access a network of racing and sporting events from around the globe.