Aug 14th, 2017

MGM's Murren Says Focus Is on Growing Mass Market

Casino revenue remains on the rise in Macau as spending by high rollers adds momentum to a year-long recovery. Gross gaming receipts in July increased for a 12th straight month with VIP revenue up 35% from a year ago. However, in an exclusive interview, MGM Chairman and CEO James Murren says it's all about the mass market. (Source: Bloomberg)