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Partnership Between MGM Mirage And Genting Possible

June 12th, 2009 - Written by Glen

mgm mirageThe past year has been writhe with peril and tumult for MGM Mirage. The casino industry on a whole has suffered a severe backlash from the economical crisis, but MGM Mirage came close to utter disaster. Their most current project, the Las Vegas City Center, almost imploded and left Mirage with a squandered effort.

An expansion into foreign markets is the most recent idea that the thinkers at MGM Mirage have come up with. The great minds behind this line of thought are looking into a partnering with Genting.

Genting's main area of business is in Malaysia. While MGM Mirage already has a foothold in different parts of the world, Genting is dominant within southeast Asia. As such, both companies could afford to expand into different portions of the globe.

Each company has something to gain from one another. MGM Mirage gains stability through the conjoined assets, while Genting manages to get some easy expansion to boost their income.

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