THE M3: PANSY HO: MGM COTAI; APRIL CPI; SINGAPOREANS

05/20/11 08:33AM EDT

The Macau Metro Monitor, May 20, 2011

MGM HOPEFUL OF COTAI GREEN-LIGHT THIS YEAR Macau Daily Times

Pansy Ho said, “We have been very hopeful that this [Cotai approval] obviously could happen within the year.”  Ho would like to maintain a strategic role in MGM China, saying, “I believe that to be an MVP, most valuable player, like when you are in a ball game you do not always have to be the one kicking the goals, you would like to be there to be the best assistant."

Asides from opening an MGM Grand hotel this year in Hainan Island, MGM wants to enter Taiwan with non-gaming and leisure projects.

CONSUMER PRICE INDEX FOR APRIL 2011 DSEC

Macau's Composite CPI for April 2011 increased by 4.88% YoY and 0.10% MoM.


S'PORE RESIDENTS LOST EVEN MORE ON GAMBLING LAST YEAR Today Online

Data on levies collected for entry into the casinos at Marina Bay Sands and Resorts World Sentosa suggests 5,400 Singaporeans go to the casinos every day. 

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