LVS, WYNN, MGM, PENN: Casinos Rise As News Of Hong Kong Opening Breaks

Hong Kong is to change its Covid quarantine policy. Jenny Horne and Caroline Woods discuss the effect of Hong Kong’s opening on Macau Casinos. They talk about how Hong Kong is going to be “orderly opening up” in the upcoming Covid-19 hotel quarantine change. They go over how Macau-exposed casinos rise in Tuesday’s trading, such as MGM Resorts (MGM), Penn National Gaming (PENN), Las Vegas Sands (LVS) whose shares hit highest point since March 4th, and Wynn Resorts (WYNN) whose shares are up more than 10% this month. Tune in to find out more about the stock market today.

Next Gen Investing

20 Sep 2022

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