MGM to Rebrand Monte Carlo Casino of Las Vegas in $450 Million

By | June 7, 2016

MGM to Rebrand Monte Carlo Casino of Las Vegas in $450 MillionOne of the oldest casino of Las Vegas Strip i.e. Monte Carlo Casino is to be re branded, to attract younger casino players and visitors. MGM Resorts International announced on Friday that an amount of $450 million will be invested in the casino to make it a great place for younger casino players and lovers.

The company is looking to make this casino a perfect place for players as well as interested peoples. The Company (MGM) says that it entered a partnership with a New York based Sydell Group to re do the things in a proper manner. According to the reports, the new casino place (Monte Carlo Casino) will have 2,700 new luxury rooms.

The president of MGM Resorts international Mr. Bill Hornbuckle was very happy making this announcement. He said that MGM’s rich legacy and hospitality will do great along with Sydell Group (a hotel creature) and it will result in a destination that both celebrates the history of Las Vegas in a new era, whereas the CEO of Sydell Group Mr. Andrew Zobler said that collaborating with MGM is very natural.

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The project will start this year (2016); meanwhile it is expected to be completed in 2018. The company said that it will have two new Hotels in their list; one is like to be a Las Vegas version of New York City’s NoMad Hotel and the other is Park MGM. Once done, the two Hotels will conclude in the final piece of MGM’s complete redesign.

The Park Hotel will be Re branded and redesign by a British designer named Martin Brudnizki. The partners want to put some European design elements in the new casino to attract more and more players from Europe, being in Vegas. MGM is one of the largest casino player in the country, which hosts plenty of big tournaments each and every year.