MGM's chairman-slash-chief executive Jim Murren reportedly told Bloomberg that it is "under-represented" in Macau, the only place in China where gambling is legal, and that MGM Macau is preparing for an IPO "if that's what the partners choose to do. Both partners have discussed it, and we believe it's a very viable and attractive option. We haven't decided to do it yet, but there's been a very positive disposition towards it from both partners."

Murren was not immediately available Friday morning for comment. To read the full Bloomberg story, click here.

Two weeks ago, Wynn Resorts offered up a 25% stake [1.25 million shares ] in its Macau operations on the Hong Kong stock exchange at the top of a previously disclosed range [US $1.30 per share} and quickly sold out. The offering generated $1.85 billion in gross proceeds.