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RE Rumor Mill: MGM China, Rheingold Brewery, Blackstone

By Kaitlin Ugolik (August 15, 2014, 6:11 PM EDT) -- MGM China Holdings Ltd. reportedly plans to invest more than HKD1.5 billion ($194 million) in the MGM Macau casino over the next 18 months. The news comes as MGM China is in the midst of building a second casino property in Macau worth $2.9 billion, according to Poker News. MGM reportedly plans to finish up upgrades to its existing property in 2016, around the same time that the new development is expected to be complete....

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