MGM shuns marginal stake in a Japan casino resort: mgmt

Date

May 11, 2018

Author

none

Source

GGRAsia

Region


Subject

Japan

URL

http://www.ggrasia.com/mgm-shuns-marginal-stake-in-a-japan-casino-resort-mgmt/

Jim Murren, chairman and chief executive of U.S. casino operator MGM Resorts International, says the firm would not be interested in having a marginal stake in any consortium it might join to build a gaming resort in Japan. “In terms of our minimum level of consortium investment [for Japan], we are not going to be interested in being a consortium partner with 20 or 30 percent of something,” the executive said.