MGM Mirage Chairman Terry Lanni is confident his company’s joint venture in Macau with a controversial Chinese businesswoman will be approved by New Jersey gaming authorities, even though one Wall Street analyst believes the casino operator will dump its vast Atlantic City real estate holdings if the partnership is rejected.
Entries Categorized as 'MGM Grand Macau'
MGM Chairman Not Concerned About Getting Approval
May 5, 2007
Wynn Macau to Close Tryst Nightclub on April 21
April 19, 2007
Wynn Macau will close the doors to Tryst on Saturday, April 21, but it could be resurrected when the time is right, says Grant Bowie, president and general manager for Wynn Resorts.
Latest Macau Construction Pictures
April 3, 2007
Thanks go out to my friends George and Hunter at RateVegas.com for allowing me to post some of the latest March 2007 pictures! Looking at those pictures, it seems that they all have still a long way to go! Are we going to half completed buildings opening, so that they can at least starting to rake the casino cash, well I hate to say it but it is starting to look like it!
All That Gold That Glitters in Macau, Ho’s is Still in The Money
March 28, 2007
As the news has come through that Pansy Ho was formally cleared by the Nevada gaming authorities, this interesting and quite revealing report about Pansy and Stanley Ho was published by Burke Hansen an Attorney at large in San Fransisco.
Macau’s Gambling Problem
March 20, 2007
As we mentioned before, there is too much of a good thing in Macau! A small population of 508,000 with a workforce of 260,000 people, that needs to be 400,000 people by 2010. This is to support all those new casino’s, hotels and resorts that will be sprouting up all over Macau. And we have not even talked about the drop in per table take which since 2002 has been a whopping 300%!
Global gaming and entertainment operators have been doubling down on new casino development in Macao. Yet it could also be heading for a nasty shakeout thanks to a looming casino glut, some analysts warn.
Richard Tsiang Talks About MGM Grand Macau
March 19, 2007
As senior vice-president of MGM Grand Macau, MGM Mirage’s joint venture in Asia, Richard Tsiang is busy, constantly switching languages as the phone callers and the visitors streaming through the office seek instant answers. Tsiang is recruiting 6000 staff and helping oversee the construction of a 31-storey, 600-room, five-star hotel and casino in Macau, financially one of the hottest cities in the world.
Gaming Control Board Made Right Decision On Pansy Ho
March 5, 2007
I am in total agreement with Jeff Simpson on this one! Even though there are some people who maybe skeptical, but Pansy Ho has got nothing to do wither her father past. And that what was basically decided by the Gaming Control Board.
Pansy Ho Gets Coveted Nevada Initial Approval
February 28, 2007
Pansy Ho has been waiting four decades to get out from under the shadow of her father, Hong Kong billionaire Stanley Ho. After a passionate plea to Nevada gambling authorities that she is not her father’s puppet, she won initial approval Tuesday to go ahead with her partnership with MGM Mirage Inc. to develop a $1.1 billion casino in Macau without his help.
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