Macao Could Give Gambling Stocks a Big Boost
Gambling stocks with exposure to Macao had a great start to the week this week on hopes that fewer travel restrictions from China and the rest of the world will be good for business in the long term. But it could still be a long road for operators like Las Vegas Sands (NYSE: LVS), Wynn Resorts (NASDAQ: WYNN), and Melco Resorts & Entertainment (NASDAQ: MLCO), who generate most of their revenue in Macao.
Here's a look at what to expect this year and how a big drop in revenue could impact results in 2020.
Image source: Getty Images.
Source Fool.com
