MGM Mirage may divest stake in Atlantic City Borgata

01/29/2010 | Wall Street Journal, The

MGM Mirage may divest its 50% stake in the Borgata in Atlantic City to avoid further inquiry by New Jersey regulators. New Jersey's Division of Gaming Enforcement recommended MGM Mirage curtail its association with Pansy Ho, the daughter of Macau casino tycoon Stanley Ho. MGM Mirage opened the MGM Macau Grand through a business agreement with Pansy Ho.

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