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Stockwinners Market Radar for November 26, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
| MGM | Hot Stocks12:03 EST MGM Grand Paradise announces provisional award of new Macau gaming concession - MGM Grand Paradise announced it "would like to express our sincere gratitude to the Government of Macao Special Administrative Region for granting us the provisional award of new gaming concession, allowing us to contribute to the future development of Macau's integrated tourism and leisure industries." The company added: "We fully devote to the Macao SAR. We will continue to develop the city with our strengths and contribute to the non-gaming industry, meanwhile making vigorous efforts in expanding the tourist markets from foreign countries. With confidence in the future of the Macao SAR, we firmly believe in Macau's full recovery and continue to grow, becoming even stronger as a holistic tourism destination. MGM Grand Paradise will continue to work with all sectors of the society to a new chapter in the development of tourism, leisure, and entertainment and create a milestone of 'Integrated Tourism in Asia'." MGM China Holdings Limited, the holding company of MGM Grand Paradise, is majority owned by MGM Resorts International. Reference Link
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| LVS | Hot Stocks11:59 EST Sands China awarded new 10-year Macau gaming concession - The Sands China group has been awarded a new 10-year gaming concession in Macao, as announced by the Macao government Saturday, the company stated. The concession is awarded on a provisional basis, subject to finalizing and entering into a new gaming concession contract with the Macao SAR. Robert Goldstein, the chairman and chief executive officer of Sands China Ltd. and its parent company Las Vegas Sands, said: "Our commitment to Macao has never wavered and we are honoured to continue the partnership we began with the government and people of Macao 20 years ago. In the coming decade and beyond, we will remain steadfast in our strategy of continuous investment in Macao - in its economy, its people and its community. Macao's future as an international tourism destination remains bright and we look forward to furthering our leadership role in helping it reach its full potential."
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| WYNN | Hot Stocks11:57 EST Wynn Resorts Macau receives provisional award of Macau gaming concession - Wynn Resorts announced that Wynn Resorts Macau received a provisional award of a gaming concession from the Macau government. "The ultimate award of the gaming concession contract remains subject to the final documentation of its exact terms and conditions with the Macau government," the company stated.
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