Wynn Macau leads rally in Macao casino operators after new licences announced
Visitors walk in front of Wynn Macau casino resort in Macao on Jun 5, 2012. (File photo: Reuters/Bobby Yip)
HOING KONG: Shares of Wynn Macau are set to open up 7.8 per cent, leading a rise in Macao gaming stocks after the city's government said over the weekend its six incumbent casino operators would be given new licences to operate in the world's biggest gambling hub from January.
SJM Holdings, Melco International and MGM China are set to rise between 1.3 per cent and 5 per cent.
Sands China is set to remain flat, and Galaxy Entertainment is set to open down 5.5 per cent.
Source: Reuters/st
