MGM China Advances in Hong Kong Debut After $1.5 Billion IPO

MGM China Advances in Hong Kong Debut After $1.5 Billion IPO

Jerome Favre/Bloomberg

MGM Grand Casino resort stands in Macau. Casino gambling revenue in the former Portuguese colony surged 58 percent last year to 188 billion patacas ($23.5 billion), about four times that of the Las Vegas Strip.