End of Satellite Casinos: Macau's satellite casino era is concluding due to the 2022 amended Gaming Law, which restricts gaming to venues owned or controlled by the six concessionaires, eliminating third-party managed sites.
Closure of Remaining Satellites: Major casino operators are closing nearly all remaining satellite casinos, with Casino Landmark set to be the last to close on December 30, while they acquire properties for direct control.
Concessionaires Overview: The six gaming concessionaires in Macau include MGM China, Galaxy Entertainment, Venetian Macau, Melco Resorts & Entertainment, Wynn Resorts, and SJM Resorts.
Casino Stock Insights: The article mentions various Macau-related casino stocks, including Wynn Macau, Sands China, MGM China, Galaxy Entertainment, SJM Holdings, and Melco Resorts & Entertainment.
Wall Street analysts forecast BJK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BJK is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast BJK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BJK is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 38.770
Low
Averages
High
Current: 38.770
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
