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Will Japanese take lead in IR projects?

In early September, MGM Resorts International CEO James Murren emphasized in a public presentation that his company was looking for a “Japanese-led” IR consortium in a major urban market. He wasn’t specific about what he meant in practical terms, but clearly MGM envisages its Japanese partners playing a major, perhaps a predominant role in a future IR. Caesars Entertainment made a similar statement, however, so far few Japanese companies have come out opening as saying they are prepared to take the lead.

 


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