MGM Picks China Over New Jersey
Well, this seemed inevitable. MGM Mirage announced they are planning to divest themselves of the 50% stake they own in Atlantic City's Borgata.
http://www.lasvegassun.com/news/2010/feb/08/mgm-mirage-leave-new-jersey-dispute-over-macau-par/
http://www.lvrj.com/news/breaking_news/MGM-to-divest-from-Atlantic-City-83803412.html
The asset will remain in trust as they arrange a sale.
Open Topic Discussion - February 1st, 2010
You know the drill - discuss whatever you desire. Welcome to February.
Is MGM Mirage gearing up to exit Atlantic City? Will they sell their Borgata share and if so, to whom?
http://www.lasvegassun.com/news/2010/feb/01/mgm-mirage-disputes-nj-regulators-authority-vet-it/