Credit Suisse Upgrades MGM Resorts (MGM) to Outperform

Go back to Credit Suisse Upgrades MGM Resorts (MGM) to Outperform

Macau Project Will Add $665M in Equity to MGM Resorts (MGM)

January 9, 2013 1:16 PM EST

This morning MGM Resorts International (NYSE: MGM) announced that Macanese regulators approved a land concession, paving the way for ground-breaking on its $2.5 billion project. The site will feature a 1600 room hotel, 500 tables, and 2500 slot machines. It is scheduled to open in 2017. The announcement comes 6 months... More