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twitterMGM Mirage Paradise breaks ground on project
Wednesday, June 1, 2005 | 8:59 a.m.
The international partnership MGM Mirage Paradise broke ground today on a $975 million hotel casino project in Macau.
The MGM Grand Macau is scheduled to open in the second half of 2007 and will include 600 hotel rooms in a 28-floor resort, with 300 table games and 1,000 slot machines. It will be located along the waterfront in Macau's central Nam Van gaming district.
MGM Grand Paradise is owned by Las Vegas powerhouse MGM Mirage and Pansy Ho Chiu-King -- daughter of Macau casino tycoon Stanley Ho -- under a deal approved by the Macau government.
Pansy Ho is managing director of the partnership, Terry Lanni, chairman and chief executive of MGM Mirage, serves as its chairman.
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