In order to discuss commerce and tourism with officials in the second-largest economy in the world, the US Secretary of Commerce is beginning a four-day trip to China. International MGM Resorts praised the action.
MGM owns around 56% of MGM China, which operates the MGM Cotai and MGM Macau integrated resorts in Macau. The operator with headquarters in Las Vegas previously estimated that this year's spending on improving its two Macau venues may reach $150 million. That is a component of broader expenses that are mandated by Macau legislation as a result of the most recent concession renewals.
MGM owns around 56% of MGM China, which operates the MGM Cotai and MGM Macau integrated resorts in Macau. The operator with headquarters in Las Vegas previously estimated that this year's spending on improving its two Macau venues may reach $150 million. That is a component of broader expenses that are mandated by Macau legislation as a result of the most recent concession renewals.