LV’s Monte Carlo Casino Gets $450M Facelift

Las Vegas’ Monte Carlo Resort and Casino is shelling out $450 million to shed its old image, as casino operator MGM Resorts International aims to capture younger, savvier and luxury-seeking travelers to the gaming hub.

Twenty years after its doors were opened to the public, MGM announced that it entered a partnership with the Sydell Group to reimagine Monte Carlo by shedding off its non-cohesive theme and appeal and transform the megaresort into an essentially new 2,700-room luxury resort, the Park MGM.

MGM’s announcement to remodel and rebrand Monte Carlo came less than two months after the global hospitality company opened The Park along Las Vegas Boulevard.

“Coupling MGM’s rich legacy of hospitality and entertainment with Sydell Group’s expertise in creating hotels that cultivate a strong sense of place will result in a destination that both celebrates the history of Las Vegas and ushers in a new era,” said Bill Hornbuckle, president of MGM Resorts International.