Two Way Hard Three | Las Vegas Casino & Design Blog

May 19, 2009

New Jersey Finds Pansy Ho Unsuitable as MGM Partner

Posted by Hunter

The results of the long-running New Jersey investigation into the suitability of Pansy Ho as a business partner for MGM Mirage has resulted in the department of enforcement recommending against.

MGM Mirage partnered with Ho on MGM Grand Macau and owns a 50% interest of one New Jersey property, the Borgata.

What happens next is unclear - maybe nothing. The Sun has more:

http://www.lasvegassun.com/news/2009/may/19/nj-mgm-mirage-should-disengage-macau-partner


Categories: Atlantic City, Business of Gaming, MGM Resorts International, Macau Casinos and Hotels
Tags: atlantic city, atlanticcity, borgata, mgm mirage, mgmmirage


Comments

Read archived comments (6 so far)
May 20, 2009 8:43 AM Posted by Mark D

Stanley Ho is involved with a casino in North Korea? Wow! Can you get any more corrupt?

May 20, 2009 4:01 PM Posted by Mike T

People in North Korea have money to gamble?

May 20, 2009 4:47 PM Posted by socalduck

No, my understanding is that it's for foreigners only. Macau has long been home to a group of banks that help launder North Korean money, so it's not surprising to hear there is a connection with the Ho family.

May 21, 2009 12:23 PM Posted by Mark D

I always thought that big project MGM proposed in AC was just a ploy to intimidate the regulators to find Pansy suitable.

May 22, 2009 10:30 PM Posted by Tom M.

Wow I am shocked that one of the most corrupt states in the union found anyone unsuitable.

June 3, 2009 8:52 AM Posted by Hunter

MGM Mirage will challenge:
http://www.lasvegassun.com/news/2009/jun/03/mgm-mirage-challenge-ruling-macau-casino-partner/