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

|About: MGM Resorts International (MGM)|By:, SA News Editor

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.