MGM Latest Las Vegas Player To Open Casino In Macau

Socialites and showbiz stars joined business tycoons today for the opening of the MGM Grand Macau.

It's the latest Las Vegas-backed casino to crowd into the tiny Chinese gambling enclave, hoping to lure China's growing middle class.

The $1.25 billion MGM Grand is a joint venture between Las Vegas casino operator MGM Mirage and Pansy Ho, a former socialite and the daughter of Macau's former casino kingpin, Stanley Ho.

It is jockeying for high rollers with dozens of casinos already stationed in Macau, the only place in China where gambling is legal.

Last year, Macau raked in more gambling revenue than the Las Vegas Strip.

Dozens of guests began arriving for a black-tie opening ceremony Tuesday evening, sweeping up the grand driveway in black chauffeured limousines.

The public will get their first glimpse inside the mirror and steel building just before 11 p.m. (1500 GMT).

The high-profile guest list included Malaysian actress Michelle Yeoh, top Macau government officials, as well as local celebrities and tycoons, including Stanley Ho.

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