OPENING DATE OF MGM RESORTS COTAI CASINO IN DOUBT

2014/8/7

From:Macau Business

Macau casino operator MGM Resorts International’s chairman and chief executive, James Murren, has acknowledged that his company’s new casino-resort in Cotai may not open as soon as it would like.

Mr Murren said during a conference call about MGM Resorts International’s second-quarter results that the company had problems obtaining building permits.

The Cotai casino-resort is due to open in 2016.

“We know we’re opening in 2016,” Mr Murren said. “But rather than pin down a number or a date, we just have to be a little more general at this point in time.”

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