Delay to MGM Cotai opening

MGM Resorts International chairman and CEO, Jim Murren, said in a conference call yesterday that the opening of its new Cotai resort was likely to be delayed as the company was having problems obtaining building permits. “We know we’re opening in 2016,” Mr Murren said. “But rather than pin down a number or a date, we just have to be a little more general at this point in time.”