944

Written by: Rob Opacki With no sign of the US economy returning to its prosperity and rapid growth of a decade ago, the highly attractive Asian gaming market may be the only way to keep the struggling gaming corporations out of the red. Wynn Resorts has turned to IPO’s which has generated billions in revenue and Las Vegas Sands hopes to follow their blueprint when their IPO’s hit the Hong Kong stock exchange next month. Now as MGM Mirage sees the potential revenue’s that they desperately need, they are considering an IPO of their own for the Asian markets. MGM’s Chairman/CEO Jim Murren confirmed the story to Bloomberg Media but said that the talks are still in the discussion phase.