Facebook
Fark
Digg
Reddit
StumbleMGM Mirage to develop casino in Vietnam
Tuesday, Nov. 18, 2008 | 1:32 p.m.
MGM Mirage announced today it is teaming up with an Asian development company to build a "Las Vegas-style" casino in Vietnam.
Asian Coast Development Ltd. will own and finance the MGM Grand Ho Tram. MGM Mirage will give development assistance and operate the resort property when it's completed.
MGM Grand Ho Tram will anchor a $4.2 billion resort complex being built along the South China Sea beaches about 80 miles from Ho Chi Minh City. The hotel will have 1,100 rooms, a gaming area, luxury retail, live entertainment stages and beachfront recreation.
"MGM Grand Ho Tram's prime beach-front location affords us an even greater opportunity to provide our guests with a spectacular experience," Lloyd Nathan, executive vice president of MGM Mirage Global Gaming Development said in a statement released Tuesday. He said the resort will be "a showplace for the further development of high-end international tourism in Vietnam."
Asian Coast Development Ltd. has broken ground on the resort, which is expected to open in 2011. It will be surrounded by a Greg Norman-designed 18-hole golf course.
Discussion: comments so far…
Comments are moderated by Las Vegas Sun editors. Our goal is not to limit the discussion, but rather to elevate it. Comments should be relevant and contain no abusive language. Comments that are off-topic, vulgar, profane or include personal attacks will be removed. Full comments policy. Additionally, we now display comments from trusted commenters by default. Those wishing to become a trusted commenter need to verify their identity or sign in with Facebook Connect to tie their Facebook account to their Las Vegas Sun account. For more on this change, read our story about how it works and why we did it.
Only trusted comments are displayed on this page. Untrusted comments have expired from this story.
No trusted comments have been posted.
Post a comment
Most Popular
- Viewed
- Discussed
- E-mailed
- UNLV can move forward without the burden of losing streak to San Diego State
- A wife’s wisdom shows birth control issue needn’t be divisive
- UNLV makes key plays down stretch to hold off San Diego State 65-63
- Surprise links, negotiated deals addressed by commissioners
- Hope and change and … what’s missing?
- Motorcycle accident claims life of man in northeast valley
- New York mayor has the right idea
- We don’t need a CEO in charge
- Paying our own way
- Country has ‘given’ citizens a lot
Blogs
The Kats Report
Color from scene at Thomas & Mack: We have a wire job! Rebels win, and Louie Armstrong sings!
South Point owner Michael Gaughan's take on 'Vegas Stripped': 'I'll give it an 8' (4 Comments)
Author relishes writing the life story of ‘larger-than-life’ Oscar Goodman (3 Comments)
Elsewhere
Landowner: All roads could lead to Uxbridge casino
Revel reveals smoke-free casino opening
Cirque du Soleil show in Sands China casino to close this month
Meet the woman behind Sheldon Adelson
The Sun
Locally owned and independent for more than 50 years.
After I was in Viet Nam in 1970 and seeing what Viet Nam did to our soldiers, I believe this is wrong. I will not visit any MGM Mirage properties again. I feel this is a slap in the face to me and our 58,000 who died there.
so the moral of the story is...
lay off a bunch of amercian workers and you'll have enough money to build a casino in another country.
vegas deserves to go belly up.
#1: This celebrates the 58,000 soldiers who died because it means we WON the war. It means American idealism and capitalism won out, even if it took 30 years.
#2: MGM isn't putting up a dime. It's going to operate the casino for a fee, meaning it wouldn't matter if it was making billions of dollars or laying off workers in Vegas.
READ PEOPLE!
To: Retired_USARMY
You also forgot what "America" did to the Native American people in "Our Country" when they first came over to America!
Thomas Jefferson, our icon of freedom and personal liberty set the national policy toward Native Americans that would last for over one hundred years. He began the trail of tears which would destroy cultures and result in the reservation system.
Always a man of dichotomies, Jefferson admired and lauded the American Indian. As a man of the Romantic Era he saw them as unspoiled; the "noble savage". As, also, a man of the Enlightenment, with its analytical detachment, he knew that the Indian way of life could no longer exist in an expanding United States.
I'm with dave202. This is a win/win situation and nobody sold out anybody's honor for money or jobs.