Historical Overview of MGM Casino New Jersey
Early Developments (1960s – 1990s)
- 1960: The first legal casino in Atlantic City is established with the passing of a gaming law.
- 1978: New Jersey legalizes casino gaming and Atlantic City becomes a gaming hub.
- 1990: MGM announces plans to invest in a new casino resort in Atlantic City. 🎉
| Year | Event |
|---|---|
| 1960 | Legalization of casinos in Atlantic City. |
| 1978 | New Jersey gaming law passed. |
Opening and Expansion (1990 – 2000)
- 1997: MGM Grand Atlantic City is officially opened. 🎰
- 1999: MGM acquires Mirage Resorts and enhances its presence in the gaming industry.
| Year | Event |
|---|---|
| 1997 | Opening of MGM Grand Atlantic City. |
| 1999 | MGM acquires Mirage Resorts. |
Challenges and Changes (2000 – 2010)
- 2008: The casino market faces significant challenges due to the recession.
- 2010: MGM Grand Atlantic City undergoes renovations to attract new visitors. 🛠️
| Year | Event |
|---|---|
| 2008 | Market challenges during the recession. |
| 2010 | Renovations in MGM Grand Atlantic City. |
Recent Developments (2011 – Present)
- 2016: MGM Resorts International acquires the Borgata Hotel Casino & Spa, strengthening its position in New Jersey. 🏨
- 2020: The casino faces temporary closure due to the COVID-19 pandemic.
- 2021: MGM reopens with enhanced health protocols and digital gaming options. 🌐
| Year | Event |
|---|---|
| 2016 | Acquisition of Borgata Hotel Casino & Spa. |
| 2020 | Temporary closure due to the pandemic. |
| 2021 | Reopening with digital enhancements. |
Conclusion
The MGM Casino in New Jersey has been through significant milestones, establishing itself as a key player in the Atlantic City gaming market. Its ability to adapt to challenges and implement modern practices has solidified its presence. For more information about the gambling laws in New Jersey, visit New Jersey Division of Gaming Enforcement.