Las Vegas Sands Corp (NYSE: LVS) shares are trading higher Tuesday alongside several casino companies with exposure to Macau after China eased quarantine rules for international travelers.
The Macau Legislative Assembly signed the final draft of the new Macau gaming law this week.
Bank of America analyst Billy Ng says there's nothing in the legislation that dampens his long-term bullish thesis on the Macau gaming market.
Draft Updates: The final draft of the law includes the following changes:
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Las Vegas Sands's (NYSE:LVS) short percent of float has fallen 3.79% since its last report. The company recently reported that it has 13.01 million shares sold short, which is 3.55% of all regular shares that are available for trading.