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  1. MGM Mirage keeps eye on Macau in US$548m write-down on land

    Posted Feb 20th 2010, 12:00am by Staff Reporter

    ... behind us and move forward with the compelling growth opportunities we have in Macau.' The Macau units of MGM's Las Vegas rivals- Wynn Macau and Sands China- raised a combined HK$33.9 ... Neil Gough MGM Mirage has taken a US$548 million write-down on land in the United States as it prepares for a Hong Kong listing for its Macau partnership with Pansy Ho Chiu-king, possibly ...

    http://www.scmp.com/article/706512/mgm-mirage-keeps-eye-macau-us548m-write-down-land
  2. Pansy Ho venture moves on IPO

    Posted Jan 15th 2010, 12:00am by Naomi Rovnick

    ... licensed casino operators to list in Hong Kong. Wynn Macau and Sands China raised a combined HK$33.9 billion selling shares late last year. Last October, MGM Mirage chief executive and chairman Jim ... Naomi Rovnick and Neil Gough MGM Grand Paradise, the Macau joint venture between Pansy Ho Chiu-king and loss-making Las Vegas gaming giant MGM Mirage, is auditioning investment banks ...

    http://www.scmp.com/article/703737/pansy-ho-venture-moves-ipo
  3. All In

    Posted May 09th 2008, 12:00am by Staff Reporter

    ... Neil Gough takes an eye-in-the-sky view of the growing casino trade MGM Grand Paradise fails to cash in on its name MGM Grand Paradise was the last of Macau's six licensed casino operators to open a resort. The 50-50 joint venture between Las Vegas casino developer MGM Mirage and Pansy Ho Chiu-king launched its US$1.25 billion MGM Grand Macau in December. Earlier this week, ...

    http://www.scmp.com/article/636884/all
  4. MGM Grand Paradise narrows losses

    Posted Apr 29th 2010, 12:00am by Staff Reporter

    ... Neil Gough Casino operator MGM Grand Paradise, which owns the US$1.25 billion MGM Grand Macau and is targeting a Hong Kong stock market listing, narrowed losses last year after gaining ... developer MGM Mirage. VIP chip sales increased 40.5 per cent to 282.6 billion patacas last year from 2008, according to an annual report published yesterday in the Macau government gazette. MGM ...

    http://www.scmp.com/article/712872/mgm-grand-paradise-narrows-losses
  5. Report to have little impact as MGM bets on Ho

    Posted Mar 20th 2010, 12:00am by Staff Reporter

    ... 'unsuitable' as Macau associates of MGM Mirage. The report, which was made public only this week, alleged that Ho was an associate of known and suspected triads and said he permitted 'organised ... Kong-listed Shun Tak Holdings and SJM Holdings, which he still chairs, stood at HK$32.8 billion as of yesterday. For its part MGM Mirage has lost a 50 per cent stake in the 2,771-room Borgata, ...

    http://www.scmp.com/article/709114/report-have-little-impact-mgm-bets-ho
  6. MGM may be forced to make tough call after Jersey ruling

    Posted May 21st 2009, 12:00am by Staff Reporter

    ... assessment was not enough to brace most industry observers for the bombshell dropped by the New Jersey Division of Gaming Enforcement this week on MGM Mirage's US$1.25 billion Macau joint ... States casino developer should 'be directed to disengage itself from any business association with its Macau joint-venture partner', according to a stock exchange filing by MGM ...

    http://www.scmp.com/article/680958/mgm-may-be-forced-make-tough-call-after-jersey-ruling
  7. MGM Grand Macau to increase VIP tables

    Posted Aug 07th 2008, 12:00am by Staff Reporter

    ... Neil Gough MGM Grand Macau has hired the former president of Wynn Macau and will almost double its number of VIP gambling tables in an effort to reverse a losing streak at the eight-month-old property. Following an operating loss of US$5 million in Macau during the second quarter, MGM chairman and chief executive Terry Lanni said the casino would refit three floors of its ...

    http://www.scmp.com/article/648167/mgm-grand-macau-increase-vip-tables
  8. In Brief

    Posted Feb 11th 2004, 12:00am by Staff Reporter

    ... Stanley ho confirms us casino negotiations Macau casino mogul Stanley Ho Hung-sun confirmed last night his daughter Pansy was negotiating with MGM-Mirage of Las Vegas to form a joint ... the suspension of trading in the firm's shares. It said it followed a report in yesterday's South China Morning Post 'regarding the possible involvement of the company in a Macau based ...

    http://www.scmp.com/article/444131/brief
  9. MGM unveils US$975m project

    Posted Jun 02nd 2005, 12:00am by Freda Wan

    ... Freda Wan in Macau US gaming giant says joint venture wants to build more than one casino in Macau Although MGM Mirage broke ground for its first casino in Asia only yesterday, the American gaming giant is already looking for more projects in Macau. 'We definitely want to build more than one casino in Macau,' said MGM Mirage chief executive Terry Lanni. 'Cotai ...

    http://www.scmp.com/article/502858/mgm-unveils-us975m-project
  10. Triads thrive in Ho's casinos, US report says

    Posted Mar 19th 2010, 12:00am by Staff Reporter

    ... and classed as confidential. It followed a four-year investigation into the suitability of casino operator MGM Mirage's Macau joint venture with Ho's daughter Pansy Ho Chiu-king. It was made public on Wednesday by the New Jersey Casino Control Commission as part of a divestment settlement with MGM in which the New York-listed firm agreed to sell off its 50 per cent stake ...

    http://www.scmp.com/article/708998/triads-thrive-hos-casinos-us-report-says

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