“The airport is a logical site to be brought into this conversation,” Stan Conway, a Majestic Realty executive vice president, said in an exclusive interview with The Atlanta Journal-Constitution.
Although Conway said the discussions on the casino idea have “progressed beyond concept,” a casino at the airport site is by no means a sure bet. To amend the constitution, a super-majority in the state House and Senate are needed to put the matter before voters. Local approvals also are likely to be needed.
A spokeswoman for Atlanta Mayor Kasim Reed declined to comment on the casino idea.
Majestic and Carter’s existing plans are to build hotels including an InterContinental next to the airport, along with office space and a travel plaza valued at about $650 million.
The site could attract passengers connecting through Hartsfield-Jackson as well as local gamblers, Conway said. The property, on the airport campus at the domestic terminal, is removed from neighborhoods that might object to a casino in their backyards.
"From a political perspective, it's agnostic," Conway said.
Backers of casino gambling in Georgia say it could create thousands of jobs and pump hundreds of millions of dollars into Georgia Lottery-funded education programs such as the HOPE Scholarship. But casinos face long odds because of potent political opposition from both liberal and conservative groups.
Efforts to legalize casinos and horse racing have been scuttled for years by conservative lawmakers in both major parties who see gambling as a moral hazard.
Last year, Las Vegas giant MGM Resorts International proposed a $1 billion-plus casino in Atlanta, that would incorporate a hotel, theater and fine dining. The company scouted land around the Gulch in downtown near the Georgia World Congress Center.
MGM Resorts has returned as major backer of legalizing casinos. In December, the company opened a $1.4 billion resort near Washington, D.C., that CEO Jim Murren has said could be a model for what it could build in metro Atlanta if the law changes.
Under compromise legislation, the state would issue up to two licenses. One in the Atlanta license would require an investment of $2 billion, and a secondary state license for elsewhere in Georgia would need at least a $450 million investment.
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