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Las Vegas Sands, MGM and Wynn land crucial Macau casino license renewals just as COVID spikes in China

The Macau city

Sean3810

The Macau casino sector saw a major overhang cleared on Saturday with the license renewal process in the gambling mecca.

The government announced that it has tentatively renewed the casino licenses of MGM Resorts (NYSE:MGM), Las Vegas Sands (

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