MGM Mirage Mulls Options For Its Atlantic City Real Estate

MGM Mirage (MGM) is exploring options for 85 acres of prime real estate in Atlantic City, N.J., that the casino operator has left vacant since it acquired the land seven years ago. The company is mulling a development similar to its sprawling $7.4 billion CityCenter project under construction on the Las Vegas strip. It will feature condos, boutique hotels, a resort casino, and a retail and entertainment district.