MGM, Galaxy Entertainment Signal Interest in Thailand Casinos

Thailand isn’t yet home to casino resorts, but that could change and some operators are looking to get a head start on that shift. Galaxy Entertainment and MGM Resorts International (NYSE: MGM) are rumored to be part of that group.

Citing unidentified sources with knowledge of the matter, Bloomberg reported that both gaming companies have set up offices in the Southeast Asian country and that the Bellagio operator was part of a group that held discussions with a committee in the Thai parliament tasked with working on gaming framework in the prior legislative session.

By market share, Galaxy is one of the largest concessionaires in Macau while MGM is the biggest operator on the Las Vegas Strip.
 
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