MGM and Genting 'discuss partnerships'
Posted by Bev Freeman on 15 Jun 2009 at 15:06
American casino giant MGM mirage is looking at a number of different industry partnerships with Malaysian company Genting, according to reports.
Bloomberg said the Wall Street Journal highlighted the development, mentioning MGM chief executive officer Jim Murren.
Genting has recently bought a 3.2 per cent stake in MGM and alliances could help it to tap into the Macau gaming sector, while a partnership could also afford MGM further opportunities in Asia.
