According to Thai media reports, Thapanee Kiatphaibool, Director of the Tourism Authority of Thailand, met with the Chairman of MGM China (02282.HK), Pansy Ho, last week. It is understood that both parties discussed opportunities for tourism cooperation between the two places at that time.

According to relevant reports citing Thapanee Kiatphaibool, MGM China hopes to promote Macau tourism to the Thai market while seeking new investment opportunities in the entertainment complex being planned in Thailand. The report also pointed out that it is not yet clear whether the investment will be led by MGM China or in cooperation with its parent company, MGM Resorts International.

In addition, Bill Hornbuckle, CEO and President of MGM Resorts International, expressed interest in the Thai market during the company's first quarter earnings conference call this year, stating that the cost and potential profit margins of doing business in the region are very attractive.