Tag: LVS

  • This is Why Casino Stocks Are Some of the Biggest Winners Today

    This is Why Casino Stocks Are Some of the Biggest Winners Today

    With China easing its lockdowns, pay close attention to casino stocks. So far, it looks like China’s COVID Zero policy appears to have brought infection numbers under control.  Better, according to Bloomberg, the country is reporting the lowest number of new cases since February. And, according to MarketWatch.com, “The gains come after China’s National Health…

  • Don’t Cash Out on Casino Stocks Just Yet

    Don’t Cash Out on Casino Stocks Just Yet

    Keep an eye on casino stocks. Some of the big ones – including Wynn (WYNN), MGM, and Las Vegas Sands (LVS) took a hit as China moves to tighten control of the industry. According to GGR Asia, “The Macau government wants to increase the share of the mass-market segment in the casino industry, and pledged…