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  • July 29, 2014
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  1. Pansy Ho can keep family shares after MGM China listing

    Posted May 10th 2011, 12:00am

    ... Neil Gough and Amanda Lee Pansy Ho Chiu-king's non-compete agreement with MGM China Holdings will let her keep her directorship and minority stake in the parent of rival Macau casino ... per cent of SJM. Following a March settlement that ended a bitter family feud over control of her father's casino empire, Pansy Ho holds an indirect 3.77 per cent stake in STDM, MGM China ...

  2. Price set for MGM China offering

    Posted May 28th 2011, 12:00am

    ... May Chan may.chan@scmp.com MGM China Holdings will fetch a maximum HK$11.66 billion in its Hong Kong listing amid robust growth in Macau gaming revenue. It is the fourth largest initial ... opening of Galaxy Macau, he added. A gaming analyst, who wished not to be named, said it could be an advantage for MGM China to become a subsidiary of the Las Vegas group as it could gain further ...

  3. Business - Companies - GAMING

    SJM to build casino resort at Cotai

    Posted Oct 20th 2012, 12:00am by Sophie Yu

    ... MGM China, a joint venture between Ho's daughter Pansy Ho Chiu-king and MGM Resorts International, said on Thursday it would develop a five-star luxury resort and casino with 500 tables ... in Macau in terms of gaming revenue and number of casinos, the only place in China where casino gaming is allowed. The firm operated 17 casinos and three slot machine lounges, comprising more than ...

  4. MGM has high hopes for Cotai move

    Posted Feb 27th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com MGM China is pinning its hopes on its planned Cotai project in Macau to deepen its footprint in the world's largest gaming hub. MGM has identified ... with about 500 tables, 2,500 slots and more than 1,600 rooms in an 'architecturally distinctive' building. One of MGM's competitors, Sands China, a unit of Las Vegas Sands, is to open ...

  5. MGM deal makes Pansy Ho HK's richest woman

    Posted May 20th 2011, 12:00am

    ... Neil Gough neil.gough@scmp.com Pansy Ho Chiu-king is set to become the richest woman in town on May 26 thanks to MGM China Holding's pending Hong Kong stock market listing. Ho's ... wealthiest on the mainland, where she serves on political bodies, and in Canada, where she has citizenship. The MGM China offering will see Ho sell 20 per cent of her stake to the public and 1 per ...

  6. Well-timed profit for MGM joint venture ahead of IPO

    Posted May 04th 2011, 12:00am

    ... are likely to increase the attractiveness of the planned IPO of MGM China Holdings, the joint venture's Cayman Islands-registered listing vehicle, which reportedly aims to raise up to US$1 billion. MGM China had its initial hearing before the listing committee of Hong Kong Exchanges and Clearing on Thursday. The committee did not approve the application but instead 'issued ...

  7. MGM Resorts on a roll with Macau venture

    Posted Feb 16th 2011, 12:00am by Staff Reporter

    ... Ho's indirect stake in Macau casino operator SJM Holdings. Targeting the listing, MGM Resorts and Ho incorporated a Cayman Islands firm, MGM China Holdings, and registered the internet domain name mgmchinaholdings. com. MGM China has eight directors including Tommei Tong Mei-kuen, the former chief executive of Li Ka-shing's Tom Group. Other MGM China directors include Ho, ...

  8. Business - Companies - GAMING

    MGM pushes for legalised casinos in Japan ahead of 2020 Olympics

    Posted May 15th 2014, 01:43am by BLOOM

    ... Bloomberg MGM eyes Japan's casino potential Japan's casino market could be bigger than Macau's for MGM Resorts International, while pressure is rising to legalise gambling resorts in time for the 2020 Olympics, said James Murren, MGM chief executive. Murren is in Tokyo with executives from rivals including Las Vegas Sands and Melco Crown Entertainment and pushing ...

  9. 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 ...

  10. News - World - CRIME

    Online gambling guru and '14K triad member' Paul Phua snared in Las Vegas arrest

    Posted Jul 27th 2014, 06:27am by Patrick Boehler, Bryan Harris, Raquel Carvalho

    ... release. Following news of his arrest, MGM China asked the Macau government to cancel the licence of Phua's Star 888 junket. Asia's gambling kingpin is now staying with gynaecologist ...




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