International edition
June 25, 2021

Which will include a top-of-the-range hotel and entertainment complex

Former MGM head hired for Taiwan project

(Taiwan).- The former chief executive of the MGM Grand hotel in Las Vegas has been hired to run a us$ 708 million casino resort off the Taiwan coast being developed by three Scottish businessmen. Amazing Holdings, quoted on Aim, is chaired by accountant and former Noble Grossart investment banker David Mathewson.

A

mazing Holdings, quoted on Aim, is chaired by accountant and former Noble Grossart investment banker David Mathewson, who is planning the development on a 10.9 hectare beachfront plot in the Penghu islands.

It will include a top-of-the-range hotel and entertainment complex that would attract high-rolling gambling tourists from Taiwan and mainland China - while also luring punters from Asia's current casino mecca, Macau.

Under the terms of the deal Navegante Group, owned by the Las Vegas gambling guru Larry Woolf, will run and operate the casino.

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