MGM Mirage “tried to sell” its stake in Macau operation during financial crisis
But MGM’s intention was thwarted after New Jersey gaming authorities found Ho to be an ‘unsuitable’ partner. “Bowie felt the report could diminish the attractiveness of MGM’s investment in Macau, as potential investors may ‘become shy’ about partnering with Pansy Ho,” the cable says.
The MGM executive said the report unfairly criticised Pansy Ho “for the sins of her father”. “Pansy knows where the edge of legality is for our casino operations and she helps keep us away from there. We lose business because of it,” he added.
In a later cable, signed September 2009, Bowie is quoted as saying that Ho was called to Beijing “several times in 2009 to advise the Beijing government about developments in Macau, including Macau Government plans and efforts to diversify Macau’s economy away from gaming”.
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