MGM Resorts Ups its Bet on 'The Island' in Dubai - But No Casino
Skift Take
MGM CEO Bill Hornbuckle still hasn't got the greenlight for his casino in Dubai, but that isn't stopping him spending billions on the project.
MGM Resorts's upcoming three-hotels-in-one mega-resort in Dubai will not have a casino, CEO and president Bill Hornbuckle has said. Still, he has high hopes for the project, now with a new budget in excess of $2.5 billion.
"Obviously, we have Dubai. We have our project there, which is an amazing project. It's going to be over a $2.5 billion project without a casino in it," Hornbuckle said Tuesday during a conference call with investors.
The Dubai project is known as "The Island" and will combine an Aria, an MGM and a Bellagio into a 1,400-room resort. It has been in the works since 2017, announced by the emirate's ruler himself, but has seen little progress. There is cu
