SJMHY - Wynn Resorts Melco Resorts & Entertainment and Las Vegas Sands gain on Hong Kong quarantine development

Macau casino stocks are on the move after Hong Kong Chief Executive Carrie Lam is quoted as saying that the city will prioritize quarantine-free travel for business people after the border with mainland China reopens. Las Vegas Sands (NYSE:LVS) is up 3.43% in premarket action, while Wynn Resorts (NASDAQ:WYNN) is 2.21% higher and Melco Resorts & Entertainment (NASDAQ:MLCO) is showing a 4.93% gain. MGM Resorts (NYSE:MGM) is up 1.75% in the early session. In Hong Kong trading, SJM Holdings (OTCPK:SJMHY) is 4.10% higher and Galaxy Entertainment (OTCPK:GXYEF) is 3.38% higher. It is the second day in a row that Macau stocks are in positive territory after Macau names gained yesterday amid a broad rally in travel and leisure stocks.

For further details see:

Wynn Resorts, Melco Resorts & Entertainment and Las Vegas Sands gain on Hong Kong quarantine development