MGM's $2.5B Macau Land Deal Passes Final Gov't Hurdle
MGM said that it has formally accepted the conditions offered to it in May by officials in Macau, the small, fast-growing Chinese island where gambling is legal. Under the agreement, MGM will pay $56 million to lease a 17.8-acre site, the home of its second casino in China.
“We are extremely appreciative...
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