Inside Asian Gaming
May 2012 | INSIDE ASIAN GAMING 53 INSIGHTS based out of Hong Kong. I had a 20-year history with MGM, and we were looking to expand our footprint in Asia at that time. We were building the casino in Macau. It was 2007, that it actually opened. In looking at the Vietnamese market, there were a number of people who claimed that they had a license, and eventually it led us to a company called Asian Coast Development. We signed a management and branding agreement to brand the first of five resorts for Asian Coast. And then, really, I went on my way. We had plenty of other development projects that we were looking at. About two years later, the company approached me and asked me if I would be interested in being the CEO. They had approached a number of parties. I threw my hat in the ring, and here we are today. You were taking over from your predecessors on this project, who had suffered some delays getting it off the ground. They had achieved a great deal. They had Site tour—ACDL CEO Lloyd Nathan shows IAG Publisher Kareem Jalal around the Ho Tram development “Phase one, which will consist of the high rise tower, 541 rooms and other amenities, including the gaming area, has a total cost of approximately US$450 million.”
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