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Stock impact report

Casino stocks rally after Las Vegas Sands predicts rebound in Asia [MSN Money]

Las Vegas Sands Corp. (LVS) 
Last las vegas sands corp. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.sands.com/ir-home/default.aspx
Company Research Source: MSN Money
Casino stocks rallied on Thursday after Las Vegas Sands Corp. executiv predicted a quick rebound in gambling among the company’s properti across Asia and said it is seeking to use its cash for acquisitions.© Bloomberg Las Vegas Sands (LVS) surged .9% in Thursday trading, the largt perctage increase since Nov. , 08, wh shar jumped .8%. Wynn Rorts Ltd. (WYNN) rallied 8% Thursday, MGM Rorts International (MGM) climbed .8%, and Melco Rorts & Ltd. (MLCO) shar gained 5%.Load ErrorSands executiv said on the company’s earnings conferce call late Wednday that they believed demand would rebound more quickly in Asia versus the U.S. in part because their customers are more accustomed to wearing face masks, having their temperature tak and other precautionary measur because of past epidemics in the region.“I don’t think the Asian people have a problem at all,” Chief Operating Officer Robert Goldstein said on the call. “In fact, I think they’re going to welcome it and be anxious to get back to Show less Read more
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