US – MGM cuts its quota of VLTs in MarylandBy Phil - 22 August 2016
MGM Resorts is cutting back on the number of Video Lottery Terminals it will operate at MGM National Harbor Casino in Maryland.
The Maryland Lottery and Gaming Control Agency has agreed that MGM can operate 10 per cent less VLTs than originally planned.
MGM said: “MGM requests that its VLT allocation be temporarily adjusted from 3,600 units to a minimum of 3,321 units at opening. VLTs have continued to evolve since 2013 with new game types and multiple denomination games that allow for increased utilisation of VLTs with less machines.”
MGM believes it could increase revenue by reducing the number of slot machines, the casino expects to actually increase its slot machine revenue.
MGM said the reduction ‘reflects our commitment to a high quality guest experience and maximising tax revenues for the state.’