Tuesday, May 28, 2024
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Asia casino stocks gain on vaccine hopes

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Shares in casino operators across Asia rose on Tuesday following news that Pfizer has produced a vaccine that is 90 percent reliable, though analysts say that easing of travel restrictions are needed for a more sustainable rally.

Sands China (HKG:1928) +6.9%

Galaxy Entertainment (HKG: 0027) +4%

Melco Resorts & Entertainment (MLCO) +16.6% (Monday)

Wynn Macau (HKG:1128) +9.9%

SJM Holdings (HKG:0880) +8.5%

MGM China (HKG:2282) +6.1%

Genting Malaysia (KLSE:GENM) +12.2%

Nagacorp (HKG:3918) +7.8%

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The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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