Macau casino shares rally after gaming law offers reprieve to US companies
Macau casino stocks shot higher after officials said they would maintain the number of licences available to gaming operators in the territory, ending years of uncertainty for US companies in the Asian gambling hub.
The shares of US casino operators, which investors had feared could lose out if the number of licensees was reduced, were among the biggest gainers in Asian markets on Monday, with Sands China jumping 14.6 per cent, MGM China rising 11 per cent and Wynn Macau up 9 per cent.
截至周一收盘，美资赌场运营商跻身亚洲市场涨幅最大的股票行列，金沙中国(Sands China)上涨14.6%，美高梅中国(MGM China)上涨11.7%，永利澳门(Wynn Macau)上涨11.9%。投资者曾担心，如果牌照数量减少，美资赌场运营商的股票可能蒙受损失。
On Friday, officials revealed that as part of the territory’s revised gaming law, authorities would offer six casino licences for up to 13 years by public tender when the previous 20-year licences expire in June.