Shares in Macau’s United States casino operators registered a rise after Chief Executive Fernando Chui Sai On’s maiden Policy Address was announced on Tuesday.
Since Chui Sai On did not introduce any specific caps on numbers of tables or slot machines, Las Vegas Sands stock jumped 7.33 percent, closing at USD 20.06 – the first time in a while that the company’s stock has surpassed the USD 20 mark. MGM Mirage closed at USD 12.30, up 8.08 percent, while Wynn Resorts stock increased 4.48 percent, finishing at USD 73.63.
Chui Sai On pledged his government would control the size and growth rate of the city’s booming gaming industry. However, the new Government’s leader did not announce any specific cap.
> Read the full article at Macau Daily Times
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