HONG KONG: MGM Resorts International’s debut of its US$3.4bil property is the latest bet on the world’s biggest casino hub, as licensing bids and China’s proposal to allow gambling on a nearby island cast uncertainties over Macau’s future.
MGM is among the last of the operators to develop on the family-friendly Cotai strip, following Wynn Resorts Ltd’s Wynn Palace and Las Vegas Sands Corp’s Parisian.
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