MGM’s Murren Confident even if Online Gambling is banned

If online gambling were ever banned in Nevada, or even the United States, MGM Resorts CEO Jim Murren is one guy who won’t be worried about the matter. Furthermore, he also doesn’t fear for Las Vegas’ future success if other places like New Jersey are eventually allowed to open sportsbooks.

Murren does realize that some casinos owners are worried about both an internet gambling ban and the fight to legalize sports betting across America. After all, certain casinos draw money through the relatively new Nevada online poker market, while many different casinos enjoy having a sportsbook monopoly. But Murren doesn’t think that MGM needs to worry, citing that his company is “the largest one there (Vegas).” He also believes that Sin City will always be a draw, stating the following to a crowd of reporters:

“I think people are going to go to Las Vegas for March Madness, they are going to go to Las Vegas for the Super Bowl. They are going to go, even if there is sports betting in New Jersey and other states. That is the Las Vegas experience that we create. Maybe I’m sounding overconfident, but when you invest the billions of dollars that we invest to create these experiences that we create, I am all for consumer choice.”

As for the previously mentioned online gambling ban, Las Vegas Sands owner Sheldon Adelson is currently trying to get the activity halted across the U.S. He’s backing a bill called the Restoration of America’s Wire Act (RAWA), which would not only ban iGaming in states that haven’t legalized it, but also in the three regulated states (Delaware, New Jersey, Nevada).

Adelson and the politicians he’s funding face a steep road towards getting RAWA passed. But if they ever did, Murren maintained that RAWA won’t hamper his company. “People will go to our resorts because we provide a form of hospitality and entertainment they cannot get at home and they certainly can’t get on the Internet,” he told the Las Vegas Review-Journal. “Our business model is not based on the Internet driving business to us. So getting the growth of Internet gaming in and of itself is not required for us to meet our growth projections.”

Murren, who heads the American Gaming Association, also believes that if iGaming were ever banned, it’s the industry’s fault because they’ve never been able to come together and iron out a universal agreement. But whatever happens in this regard, it is pretty clear from Murren’s confidence that MGM will remain fine thanks to their focus on their resorts.