Source: Zhitong Finance and Economics
On June 27, gambling stocks led the way, as of press time.$Melco International Development (00200.HK) $Rose 13.52% to HK $5.96Wynn Macau (01128.HK) $Rose 9.13% to HK $5.02, Sands China (01928) rose 8.34% to HK $16.36, SJM Holdings (00880) rose 7.26% to HK $3.40 and Galaxy Entertainment (00027) rose 5.83% to HK $44.45.
According to news, on June 23, the Macao SAR government decided to approve the application of six casinos to extend the operating period of lucky betting to December 31, 2022, and signed an amendment contract on the same day. It is reported that the enterprises need to pay an additional one-time premium of 47 million patacas to the Macao SAR government. At the same time, the enterprises will also set up guarantee deposits for labor claims for their employees within three months from the signing of the contract to provide protection for their employees.