Gaming stocks opened higher in morning trading as of press time.$WYNN MACAU (01128.HK)$Increase by more than 7%$WYNN MACAU (01128.HK)$Up nearly 5%$MELCO INT'L DEV (00200.HK)$Increase by more than 2%$SJM HOLDINGS (00880.HK)$涨1.27%。

On November 26th, the Chief Executive of the Macao Special Administrative region issued Chief Executive instruction No. 205 / 2022, announcing the list of companies granted provisional awards by gambling operators. They are MGM Golden Palace Super Dream Co., Ltd., Galaxy Casino Co., Ltd., Venetian Macau Co., Ltd., Melco Boya (Macau) Co., Ltd., Wynn Resort (Macau) Co., Ltd., Macao Entertainment Integrated Holiday Co., Ltd.

GMM Co., Ltd., in which Genting Group took part in the bid, failed to obtain a license.

According to the announcement on the official website of the Macao SAR government, the six approved operators have met the requirements of the SAR government in ensuring the employment of local employees in Macao, opening up foreign tourist markets and developing non-gaming projects. Next, the bidding committee will negotiate with the six operators on the contents of the contract awarded by the operation in accordance with the law, and will complete the formal award of the gambling operation and the signing of the contract by the end of this year. From January next year, six operators will operate in accordance with the revised gaming legal system and the new award contract.