{"id":160426,"date":"2021-01-06T08:30:04","date_gmt":"2021-01-06T16:30:04","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=160426"},"modified":"2021-01-06T11:12:14","modified_gmt":"2021-01-06T19:12:14","slug":"snow-lake-wants-mgm-to-reduce-china-stake-unlocking-investor-value","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/snow-lake-wants-mgm-to-reduce-china-stake-unlocking-investor-value\/","title":{"rendered":"Snow Lake Capital Presses MGM to Sell 20 Percent of China Business"},"content":{"rendered":"
Sean Ma\u2019s Snow Lake Capital Ltd. is urging MGM Resorts International (NYSE:MGM) to sell 20 percent of the Macau business. They suggest the stake go to a \u201cleading\u201d Chinese consumer internet or travel and leisure company to unlock shareholder value. The corporation is the largest institutional investor in MGM China Holdings (OTC:MCHVF).<\/p>\n