Is MGM Resorts Making a Big Mistake in Cotai?
Originally scheduled to open in 2016, MGM Resorts' (NYSE: MGM) new integrated resort in the Cotai district of Macau saw its debut pushed back once again after a typhoon swept through the region in August, causing $2 billion in damage to the gambling enclave's infrastructure.
But even with the opening now scheduled for January 2018, things don't look the best for the MGM Cotai as it's going to open with no VIP gaming tables.
Artist's rendering of the outside of the MGM Cotai. Image source: MGM Cotai.
Source: Fool.com
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