News Snapshot:
Jefferies on Monday upgraded Las Vegas Sands and Wynn Resorts after Macao announced its plan to allow Chinese tour groups back in the casinos as soon as November. The Wall Street firm boosted rating for the casino operators to buy from hold following news that Macau government said that it will resume visitation access from Mainland China through tours and e-visa in a few months. "The moment we've been waiting for," Jefferies analysts led by David Katz said in a note to clients Monday. "We believe several questions remain around the business and our current forecasts already reflect a meaningful...
