MGM CEO Speaks About Online and Social Gaming

MGM Resorts International chairman and CEO Jim Murren spoke on the subject of online and social gambling at his media conference this week.

Murren also revealed that a mobile app is in the works and set for release soon.

MGM had preferred a federal online poker solution rather than state regulation.

"It looks to us that that’s all but a lost opportunity," he said.

On the subject of New Jersey's wider online gambling market, Murren said:

"New Jersey is leading the charge for full-on games. That leads us to conclude that the best solution for our state is for Nevada to exert its rightful leadership as a regulatory jurisdiction; that it needs to have a full complement of games and be able to compact with other states to increase liquidity pools and increase overall visitation to all of the sites. I think that will happen."

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