MGM Resorts And Peterson To Develop Resort Casino At National Harbor

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6/15/2012 1:38 PM ET

Peterson Companies and MGM Resorts International (MGM: Quote) announced that they have entered into an agreement for MGM Resorts to develop a resort casino at National Harbor.

Developed by Peterson Companies, National Harbor comprises 350 acres of prime real estate along the scenic Potomac River in Prince George's County, MD.

National Harbor, the Washington, DC metro area's premier waterfront resort destination, includes fine restaurants, distinctive retail, office and residences, and a number of world-class hotels including the Gaylord National Resort and Convention Center.

The resort casino is expected to include approximately 4,000 VLTs and 250 table games along with retail, restaurant & entertainment options and a luxury hotel.

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