MGM Resorts May List Macau Gambling Venture in Hong Kong
MGM is a partner in MGM China Holdings, a casino in a historic district of Macau, MarketWatch reported. The casino is a joint venture with Pansy Ho, daughter of Macau gambling kingpin Stanley Ho.
Earlier this year, there were rumors that MGM China would seek a listing in Hong Kong worth $500 million.
Macau is world's biggest gambling hub, with gambling revenue of $10.7 billion in the first half of the year.