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MGM Mirage has announced plans to sell its interest in the Borgata - the
newest hotel in Atlantic City. It is doing so because New Jersey Gaming
regulators have declared the company's Macau partner Pansy Ho an unsuitable
person to be working with a licensee. Forced to choose, MGM Mirage will
stick with Macau because that's where the company expects the growth will
be. We talk with Wall Street Journal Reporter Alexandra Berzon about the
decision and why Nevada gave Pansy Ho a pass while New Jersey regulators
decided that they had to draw the line.
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