Does imminent doom hover over Excalibur? An S&G source says MGM Resorts International is talking about imploding it and replacing it with a “higher-end resort.”
The alleged motivation is to keep up with Steve Wynn and his Wynn Paradise Park adult playground, slated to open four years hence. We’d miss Tournament of Kings and the buffet but wouldn’t regret losing its horrid casino-floor layout, a vestige of the mentality that if you run customers around and disorient them, they will become disheartened and sit down to play the slots. Anyway, we wouldn’t be surprised if MGM decided to capitalize on adjacent T-Mobile Arena with an upscale resort product (although that is ostensibly Park MGM‘s purpose).
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[…] new luxury resort by MGM to be built in it’s place. Stiff’s and Georges have the rumor here. This rumor is odd figuring the CEO of MGM had identified Excalibur and Luxor as the next […]