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Shares of MGM Resorts (MGM) gain 6% premarket as the company greenlights its China arm to move...

  • Thursday, October 18, 2012, 9:16 AM ET
    Shares of MGM Resorts (MGM) gain 6% premarket as the company greenlights its China arm to move ahead with a Cotai casino development plan. The project doesn't appear to be on the subtle side, with a regulatory filing in China revealing it includes a 1.6K-room hotel, 500 gambling tables, and 2.5K slot machines.
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