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Macau casino licenses are extended until the end of the year

Macau cityscape at night, all hotel and tower are colorful lighten up with blue sky, Macau, China.

greenleaf123/iStock via Getty Images

Macau's government is extending gaming licenses for the six casino operators in the city. The decision will take some pressure off the Macau sector and the six operators who have not yet submitted their formal applications.

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Comments (9)

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Today 17 million people are in lock down in China. How are they reopening? Wynn Macao is over
cowboy-az profile picture
@Silvio spicacci minervini Out of population of 1.40 billion! LVS Market value drops 12% today and is now 15% below pre covid lows when the casinos were entirely shuttered for months. Sure, this makes a lot of sense.
@cowboy-az everything about China is now dangerous
Wynn seems done. It’s finished
freeman8201 profile picture
@Silvio spicacci minervini

WYNMF Wynn Macau, Limited

MCHVF MGM China Holdings Limited

Are both trading as if they were pink sheets on the Hong Kong exchange.
Melco dropped -15% today on nyse
@freeman8201 and it will not change next week. Wynn Macao is going down like a bomb even next week
freeman8201 profile picture
Well let's hope the zero-policy ends soon.
Lvs 7.41
Mgm 4.07
Wynn -56 Wow! what wynn do sell shares?
Altman Z score lvs: 1.19, Mgm: .99, wynn .46
Wynn will be the canary if it goes belly up as the market continues to be bad in Macau. I notice lots of insiders sells in wynn corp.
Sands recent asset sell will keep it afloat for years to come. Long term shareholder from the Adelson era Long lvs
China is ininvestable. Let’s hope Wynn Macao gets positive facts soon
cowboy-az profile picture
Not what the market wanted to hear; kicking can down road does not provide the certainty that is needed.

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