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미국 – MGM이 애틀랜틱시티에서 다시 영업 허가를 받았습니다

By - 11년 2014월 XNUMX일

MGM Resorts International has been cleared to operate in Atlantic City following a five year battle with the New Jersey Casino Control Commission who was concerned over the operators partnership in Macau with Pansy Ho.

The move to reinstate MGM comes as a host of casinos close in Atlantic City due to tough market conditions and neighbouring competition.

The commission believed in 2009 that Pansy Ho wasn’t a ‘suitable’ partner for MGM, due to alleged links between her father, Stanley Ho and organised crime in Asia.

However, in a 3-0 vote, the New Jersey Casino Control Commission found MGM qualified to hold a gaming license, paving the way for the company to regain its 50 per cent ownership in Borgata Hotel Casino & Spa.

Matthew Levinson, the commission’s Chairman, said: “I want to say that I welcome MGM back into the New Jersey gaming industry. The company is one of the leaders in the gaming and entertainment industry, and I believe it is a very positive sign for Atlantic City’s future.”

Jim Murren, Chairman and CEO of MGM Resorts, added: “After a thorough and comprehensive review, we are gratified by the unanimous vote of confidence from the New Jersey Casino Control Commission and the New Jersey Division of Gaming Enforcement. MGM Resorts International welcomes the opportunity to be an active contributing member of the New Jersey gaming marketplace through our 50 per cent ownership of Borgata Hotel Casino & Spa. Borgata is a best in class resort and, under the insightful leadership of Boyd Gaming, has set a new standard in Atlantic City. We look forward to working together with our co-owners on Borgata’s continued success.”

Borgata에 대한 MGM의 지분은 현재 매각 신탁에 보관되어 있습니다. 신탁 계약 조건 및 게임 집행부(DGE)와의 합의 규정에 따라 수탁자는 DGE의 승인을 받은 후 카지노 통제 위원회의 승인을 위해 최종 회계를 준비합니다. 필요한 승인을 받으면 Borgata에 대한 MGM의 지분, 약 86만 달러의 현금 및 투자금, 그리고 신탁에 포함된 Atlantic City의 특정 임대 부동산에 대한 소유권이 MGM으로 이전됩니다. 필요한 행정 승인을 부여하는 권한은 위원회에 의해 위원장에게 위임되었으며 현재 승인 수령은 향후 30일 이내에 이루어질 것으로 예상됩니다.

Keith Smith, President and Chief Executive Officer of Boyd Gaming, added: “Boyd Gaming is pleased with today’s decision by the New Jersey Casino Control Commission. MGM Resorts has been an excellent and valued partner at Borgata over the years.

“Boyd Gaming remains the managing partner of Borgata, which has been the case since the formation of our joint venture. Accordingly, day-to-day operations at the property will be unchanged. We look forward to continuing to build on Borgata’s long track record of success as the region’s leading entertainment resort destination.”

The New Jersey Division of Gaming Enforcement said Pansy Ho’s influence on the Macau partnership was no longer as strong following a restructuring of what was previously a 50-50 partnership. She is now only a minority owner.

David Rebuck, the Division’s Director, said MGM had taken ‘substantial steps’ to limit Pansy Ho’s influence and that the operator had ‘overcome an area of significant conflict.’

MGM will now look at developing 72 acres of unused land that it owns next to Borgata and another 14 acres of property opposite the Golden Nugget Atlantic City.

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