Mgm China Keen to Expand Across Asia

Summary


HONG KONG (Reuters) - MGM China, owned by U.S. casino operator MGM Resorts International and Hong Kong businesswoman Pansy Ho, and planning an initial public offering, wants to expand in greater China and elsewhere in Asia.

MGM, which is opening an MGM Grand hotel this year in Chinese resort Sanya, is looking to expand into Taiwan with non-gaming and leisure properties, Ms. Ho said on Thursday [May 19].

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Mgm China Keen to Expand Across Asia

The Macau casino operator is planning to raise up to $1.5 billion in a Hong Kong IPO,including billionaire hedge ...

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