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MGM, Dubai World eye China

The US based entertainment firm MGM Mirage and Dubai World could make joint investments in China and Macau, according to MGM's Chairman and CEO Terry Lanni and cited by the Financial Times. Lanni, who has just seen MGM open its first casino in Macau, said the projects would be 'non-gaming'. Dubai World secured a 4.8% holding in MGM Mirage in October and the two firms are partners in Las Vegas' CityCenter.