MGM China has made its debut on the Hong Kong stock exchange as investors continue to bank on Macau's gambling boom.
The shares ended the day up 2% at HK$15.62. During the session, they rose as much as 6%.
MGM China is one of only six companies that have licences to operate casinos in Macau.
The company priced its stock at HK$15.34 per share, raising $US1.5 billion.
The BBC reports Macau is the world's biggest gambling market. Total Gambling revenue there rose 57% in 2010 to $US23.5 billion.