MGM’s Cotai land application going “smoothly”

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The co-chairwoman of MGM China Holdings Ltd, Pansy Ho Chiu King told reporters yesterday that the company’s application for a piece of land in Cotai continues going “smoothly”. Ms Ho added that the casino resort MGM China plans to build in Cotai will have more non-gaming areas than MGM Macau, the gaming operator’s only property, located on the peninsula. Ms Ho also admitted that, as other Asian jurisdictions legalise gaming or reinforce their bet on the industry, Macau is poised to face more regional competition.