Pansy Ho may fight New Jersey ruling
Hong Kong businesswoman Pansy Ho isn’t happy New Jersey’s Division of Gaming Enforcement believes she’s an "unsuitable" business partner for MGM Mirage.
In a statement released to media in Hong Kong and Macau, Ho hinted she might fight the decision.
"I and my advisers will need time to read and consider the contents of the report and decide how best to respond to it in due course," Ho said.
MGM Mirage said in a Securities and Exchange Commission filing Tuesday that New Jersey gambling regulators recommended the company cut its ties with Ho, who owns 50 percent of the MGM Grand Macau.
Her father, controversial Hong Kong billionaire and Macau casino kingpin Stanley Ho, has been accused by international law enforcement authorities of having ties to Chinese organized crime triads.
Nevada gaming regulators found Pansy Ho suitable in 2007 to be MGM Mirage’s business partner.