Macau Casino Bonds Jump by Over 5%

by | Nov 29, 2022 | High Yield Bonds, Southeast Asia

Macau

Dollar bonds of Macau casino operators jumped by over 5% yesterday after new licenses were given to the six incumbent casino operators to operate from January. This was a relief rally as GMM, backed by Genting’s Chairman Sri Lim Kok Thay missed out as uncertainty for local operators reduced.

Related posts:

  1. Wynn Macau’s Dollar Bonds Gain; MGM Reports Surprise Loss on High Expenses
  2. Macau Casino Operators’ Bonds Rally on Government Agreeing to $12.5bn Investment Proposals
  3. Macau’s Incumbent Casino Operators Get New Licenses as Genting Misses Out; Bonds Inch Up
  4. MGM Mulling Ways to Get Control of Entain’s Share of BetMGM
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