Casinos & Gaming
A Macau casino joint venture between MGM Resorts International and Pansy Ho, the daughter of gambling tycoon Stanley Ho, has raised about 11.1 billion Hong Kong dollars ($1.4 billion) in net proceeds from an initial public offering on Hong Kong’s stock exchange.
The Culinary Union is suing the Western Hotel and its operators, claiming the Western violated the collective bargaining agreement when it laid off union workers and transferred their work to a nonunion department.
$1 million will buy a lot of water. The combination of the two may create what World Series of Poker officials expect to be the largest-ever buy-in competition in the tournament’s history.
