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by Lisa A. Grimaldi | August 10, 2011

New Jersey's Casino Control Commission has approved MGM Resorts International's request for an additional 18 months to sell its 50 percent of the Borgata Hotel Casino & Spa operation in Atlantic City, according to published reports. The extension through March 24, 2013, is part of MGM's settlement with the state to leave the Atlantic City market because of concerns over the company's business partner in a casino in Macau, Pansy Ho, whose father is alleged to be connected to Asian organized crime.