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HSBC prefers Melco Resorts over LVS

HSBC has downgraded its Buy rating on Las Vegas Sands to a Hold and says it prefers Melco Resorts & Entertainment due to its position as a first cross-border destination and its positioning in premium mass.

AGBrief Editorial AGBrief EditorialNovember 18, 2020 · 1 min read
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HSBC has downgraded its Buy rating on Las Vegas Sands to a Hold and says it prefers Melco Resorts & Entertainment due to its position as a first cross-border destination and its positioning in premium mass.

Melco tops Las Vegas Sands in HSBC’s casino rankings (Seeking Alpha)

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