MGM China, SJM Holdings shares leap on gambling license

Friday, March 15, 2019

Shares in Macau casino company, MGM China (2282) gained by 8.99 percent today to HK$16 after being granted a gaming license until 2022. Also SJM Holdings (0880) advanced by 5.64 percent at HK$9.18.

The existing gaming concessions were extended by the government to June 26, 2022.