Las Vegas's little brother, Atlantic City, is getting a new addition to the family - MGM Grand Atlantic City. The multi-billion dollar hotel/casino will be the largest in town. The MGM will feature three hotel towers, 3,000 rooms and suites, major retail, convention center and resort amenities on a stunning piece of 72-acre property. Each tower will give guests a different hotel experience.
Implications - Artificial cities with gambling at their core are popping up across the globe from Dubai to Nassau and back to Atlantic City. The market for extravagant hotel casinos is only just beginning, and though no city may ever quite be sin city, businesses and franchisers are working hard to tap into this industry. Major hotel franchising, a growing variety of shows and large casinos are just the beginning for this incredibly fruitful industry.
Key Themes Behind This Trend
- Extravagant Hotel Casinos
- The market for extravagant hotel casinos is on the rise, creating opportunities for new and unique experiences in the hospitality industry.
- Artificial Cities with Gambling
- Artificial cities with gambling at their core are becoming a global trend, presenting opportunities for innovative urban planning and integrated entertainment experiences.
- Large-scale Resort Amenities
- The demand for large-scale resort amenities, such as convention centers and retail spaces, is growing, providing opportunities for businesses to cater to the needs of these expanding entertainment destinations.
Where This Applies
- Hospitality
- The hospitality industry can take advantage of the rise in extravagant hotel casinos by offering unique and luxurious experiences for guests.
- Urban Planning
- The trend of artificial cities with gambling presents opportunities for urban planners to create innovative and immersive entertainment destinations.
- Entertainment
- The expanding market for large-scale resort amenities creates opportunities for businesses in the entertainment industry to provide diverse and engaging experiences for visitors.
