US stock market · July 13, 2024 0

MO Keeps Cap of Gaming Junket Promoters at 50

Macau's Secretary for Economy and Finance set the annual cap for the number of gaming junket promoters for 2025 on 28 June, maintaining it at 50, according to the latest announcement of the Gaming Inspection and Coordination Bureau (DICJ).

The announcement showed that SANDS CHINA LTD (01928.HK)  +0.380 (+2.284%)    Short selling $26.79M; Ratio 17.089%   's The Venetian Macao and SJM HOLDINGS (00880.HK)  +0.050 (+1.976%)    Short selling $2.59M; Ratio 19.131%   's SJM Resorts were each granted 12 licenses; MGM CHINA (02282.HK)  +0.280 (+2.254%)    Short selling $8.32M; Ratio 13.602%   and Melco Resorts (MLCO.US)      each received 8 licenses; and GALAXY ENT (00027.HK)  +0.600 (+1.734%)    Short selling $27.57M; Ratio 14.847%   and WYNN MACAU (01128.HK)  +0.070 (+1.116%)    Short selling $8.10M; Ratio 24.697%   each got 5 licenses.

The annual maximum number of partners who can cooperate with gaming junket promoters in 2024 was the same as 2023, at 250. As of April, there are currently 7 junket promoter partners in Macau.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-12 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)