Six casino operators in Macau won provisional licenses to continue operating in the Chinese gambling hub. The 10-year licenses begin in January under a new gambling law that also imposes more government oversight over casino operations.
won provisional licenses to continue operating in the Chinese gambling hub for the next 10 years, the local government said, while rejecting a bid from an outsider to enter the market.
The winning companies include affiliates of three American casino giants, Las Vegas Sands Corp. , MGM Resorts International and Wynn Resorts Ltd. The licenses of three local rivals were also renewed. They are held by Galaxy Entertainment Group , SJM Holdings Ltd. and Melco Resorts & Entertainment Ltd.
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