Asia's Gambling Market Is Starting to Thaw
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Asia's gambling markets have been hammered by COVID-19 and the zero-COVID policy in China, but that's starting to shift. China is opening up the economy again, and if Las Vegas is any indication, that could lead to a boom in gambling activity in Macao and Singapore. Motley Fool contributors Travis Hoium and Jason Hall discuss why Las Vegas Sands(LVS -1.76%) could be one of the big winners.
*Stock prices used were end-of-day prices of Jan. 26, 2023. The video was published on Jan. 30, 2023.
Jason Hall has no position in any of the stocks mentioned. Travis Hoium has positions in MGM Resorts International, Melco Resorts & Entertainment, and Wynn Resorts,. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
