MGM Grand Macau casino opens
U.S. casino operator MGM Mirage and its joint-venture partner Pansy Ho plan to add to their new business in Macau by building an ultraluxurious hotel and casino on reclaimed land that has seen fervid construction.
The joint venture opened its first project yesterday, a $1.25 billion casino and 600-room hotel called MGM Grand Macau in downtown Macau.
Now, MGM Mirage Chief Executive Terry Lanni said, the joint-venture company is in talks with the Macau government to develop a second site on Cotai, a strip of land a few kilometers from congested downtown Macau that is becoming a major casino hub in its own right.
