Deals
Macau Casinos Drop on Report of Junket Arrests: Hong Kong Mover
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SJM Holdings Ltd. fell the most in six months, leading a decline in Macau casinos on speculation China’s government may increase scrutiny of junket operators, who provide credit to high-stake gamblers.
SJM, founded by tycoon Stanley Ho, dropped 5.8 percent to HK$17.24, the biggest drop since May 14. Galaxy Entertainment Group Ltd. fell 4.5 percent and Sands China Ltd. declined 4.4 percent.