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New global unit for MGM MIRAGE

Newsdesk by Newsdesk
Tue 16 Dec 2008 at 16:00
MGM Resorts sells The Mirage to Hard Rock in US$1.1 billion deal
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MGM MIRAGE—a 50:50 partner in Macau with Pansy Ho at the MGM GRAND Macau—has set up a new division to focus on fresh opportunities for global expansion.

The new unit—MGM MIRAGE Global Gaming Development—will be led by Lloyd Nathan, who takes the post of President.

“Lloyd’s extensive international gaming development experience, coupled with his strong legal background, make him highly qualified to lead our worldwide gaming expansion efforts,” said Gamal Aziz, President and Chief Executive Officer of MGM MIRAGE Hospitality, in a prepared statement.

MGM MIRAGE Hospitality’s initial international gaming project is the recently announced MGM Grand Ho Tram in Vietnam, to be owned and developed by Asian Coast Development Ltd. and managed by MGM MIRAGE Hospitality.

Mr Nathan joined MGM MIRAGE in 2002 and most recently served as Executive Vice President and Managing Director of MGM MIRAGE International, based in Hong Kong. Prior to joining the company, Mr Nathan worked as a lawyer specialising in international transactions and as an executive in leisure and technology businesses.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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