China Switches From Having a Zero-COVID Policy to One That Permits More International Travel.


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376 VIEWS It is encouraging to see China moving away from a “zero-Covid” policy and toward one that allows more overseas travel. It also suggests that the Macau casinos will reopen in the future. Las Vegas Sands (LVS) +5.03% may be a good investment right now (ticker: LVS). The main point is clear: most of the business for Las Vegas Sands is generated in Macau, with the balance coming from its Marina Bay Sands resort in Singapore. When Macau completely reopens, it will follow in the footsteps of Las Vegas and other U.S. locations where gross gaming revenue has increased...