MGM's Murren Expects Multiple Macau Venues `Over Time': Video

668 views · Published 23 March 2012 · 6:58 · Indexed 25 September 2026

Channel: Bloomberg Originals · 2012 · Entertainment

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Aug. 4 (Bloomberg) -- MGM Resorts International Chief Executive Officer Jim Murren talks with Bloomberg's Susan Li about the company's financial results and business strategy. 
     MGM, the biggest casino operator on the Las Vegas Strip, reported a wider second-quarter loss after writing down its CityCenter joint venture as room rates bottomed. The company agreed to exit Atlantic City in a settlement with New Jersey regulators after the Division of Gaming Enforcement found its Macau co-owner Ho an "unsuitable partner," largely because of concerns about her casino mogul father, Stanley Ho. (Source: Bloomberg)

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