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Macau Scraps Right to Take Over Casinos
It’s a technical change to repair a provision in the original gaming concessions awarded to SJM and MGM China. The provision would have assigned their casino assets, including MGM Macau (l.), to the government come March, when the concessions were to expire. Earlier this year, those expirations were pushed ahead to 2022 to coincide with the rest of the market.
