Home » Tripping Macau » MGM Grand Paradise to IPO in 2010

MGM Grand Paradise to IPO in 2010

» posted by Chuckmonster
  on 8 December 2009 5:32 pm

MGM Mirage CEO Jim Murren spoke with Las Vegas Sun reporter Jon Ralston on Monday, primarily about the opening of CityCenter. On small tidbit to come out of the fourth segment of discussion was Murren mentioning plans to take MGM Grand Paradise public in early 2010.

Funds raised would go to reducing MGM Mirage's debt load, NOT to finish MGM Grand Macau phase II or begin the MGM Cotai project. For those who don't know, MGM Grand Paradise is the umbrella name for the MGM Mirage / Pansy Ho joint venture which owns MGM Grand Macau.

Watch the entire interview here.





Comments & Discussion:
Posted by MacauVIP on Sunday, 20th December 2009 - 9:20 am

Stanley Ho makes first public appearance

http://www.macaudailytimes.com.mo/macau/7206-Stanley-appears-public.html

Posted by MacauVIP on Wednesday, 6th January 2010 - 8:35 am

Chuck are you still with us? or have you changed Jobs? I keep coming back looking for news but no luck.

Macau Tripping what has happened to you?

Posted by pablo on Saturday, 16th January 2010 - 11:27 pm

Really not that much happening in Macau now.
Most people wondering where MPEL will get there money from this time, as they are running out of cash again and doing a secondary at the current share price would be suicide.

Posted by alby22 on Thursday, 21st January 2010 - 4:31 pm

Looks like Chuck has given us the flick MacauVIP, he is probably like all the other westerners and gone to Singapore. Is there a Singapore tripping?

Posted by Chuckmonster on Thursday, 21st January 2010 - 4:41 pm

not the flic. chuck has been busy with the vegas stuff the last few months just like same time last year. we will return to our regularly scheduled programming in february, promise.

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The boss sent Chuckmonster to Macau to bring back the scoop on what Asia's Las Vegas is all about. Follow along as Chuck deals with all the questions, logistics, travel issues, language barriers, hotel construction stuff, the lack of craps tables and all the other obstacles that any/every Macau and Cotai tripper might have to deal with.

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