{"id":8226,"date":"2014-10-30T18:22:15","date_gmt":"2014-10-30T18:22:15","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2014\/10\/30\/mgm-resorts-now-says-mgm-cotai-ready-fall-2016\/"},"modified":"2014-10-30T18:22:15","modified_gmt":"2014-10-30T18:22:15","slug":"mgm-resorts-now-says-mgm-cotai-ready-fall-2016","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2014\/10\/30\/mgm-resorts-now-says-mgm-cotai-ready-fall-2016\/","title":{"rendered":"MGM Resorts now says MGM Cotai ready \u2018fall 2016\u2019"},"content":{"rendered":"<p><!-- Original Post Content --><br \/>\n<img decoding=\"async\" src=\"http:\/\/i59.tinypic.com\/11sck2b.jpg\" alt=\"\" \/><br \/>\n\tMGM Resorts International has again modified its language on the opening date for its majority-owned casino resort [pictured in a rendering] on Cotai in Macau.<\/p>\n<p>\t\u201cThe construction of MGM Cotai is progressing well and is on time, and on budget, for a fall 2016 opening,\u201d Jim Murren, chairman and chief executive of MGM Resorts, 51 percent owner of MGM China Holdings Ltd, said in a statement accompanying the parent\u2019s third quarter earnings.<\/p>\n<p>\tMap of Cotai <a href=\"https:\/\/www.google.com\/maps\/search\/cotai+coast\/@22.1547619,113.5722839,13z\">https:\/\/www.google.com\/maps\/search\/cotai+coast\/@22.1547619,113.5722839,13z<\/a><\/p>\n<p>\tMGM China had said in its first half results in August that the opening of the US$2.9 billion MGM Cotai would likely be \u201cin 2016\u201d rather than \u201cearly 2016\u201d as stated previously.<\/p>\n<p>\tDeutsche Bank AG analyst Karen Tang mentioned \u201cpermit backlog\u201d as an issue for under-construction Cotai resorts in a note last month. That was reference about the pace at which the Macau government can issue necessary permissions for different stages of building work.<\/p>\n<p>\t\u201cFor MGM Cotai we already have shifted the opening assumption in our model from early 2016 to late 2016,\u201d Ms Tang said.<\/p>\n<hr>\n<h3>Replies:<\/h3>\n<p>No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MGM Resorts International has again modified its language on the opening date for its majority-owned casino resort [pictured in a rendering] on Cotai in Macau. \u201cThe construction of MGM Cotai is progressing well and is on time, and on budget,&#8230;<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-8226","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=8226"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8226\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=8226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=8226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=8226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}