Business / Companies

MGM China gets nod for second Macao casino

(China Daily) Updated: 2013-01-10 14:46

Macao gave casino giant MGM China the official go-ahead on Wednesday to build a second casino in what is the world's biggest gambling center, sending shares in the company soaring 7 percent.

The $2.5 billion casino, to be built on the up-and-coming Cotai Strip, which houses rival casinos including Sands China, will feature 1,600 hotel rooms, 500 gaming tables and 2,500 slot machines, MGM China Holdings said.

China Daily - Agencies

 

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