It’s been over a year since the announcement but you can finally start to see the vision MGM Resorts International has for the conversion of Monte Carlo to Park MGM. This is really just the beginning of the future.
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Construction work at Monte Carlo is more of a burden on the company than they expected. The place was a wreck when I visited a few weeks ago. There are curtains and construction work being done everywhere. Monte Carlo is dragging down overall performance of the company. That said, it’s onward and upward.
Park MGM will be the new name of the hotel currently known as Monte Carlo. NoMad Hotel will occupy 292 (approximately 10%) of the rooms at Park MGM.