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China Daily Website

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Updated: 2013-03-01 07:00
( China Daily)

MGM China sees Macao casino VIP business pick up

MGM China Holdings Ltd, the Macao casino venture between a daughter of gambling mogul Stanley Ho and MGM Resorts International, said business from VIP gamblers has picked up after the Lunar New Year holiday. Business from VIP, or high-stakes gamblers, has seen a "strong comeback" after the holiday that ended on Feb 17, Bill Hornbuckle, chief marketing officer of MGM Resorts, told reporters in Macao on Wednesday. High-rollers from the Chinese mainland curbed spending amid a slowdown in the world's second-largest economy last year.

Regional targets cut in sign debt concerns heeded

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