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Is Las Vegas Sands Stock A Buy With Macau looking positive for start of Recovery?

Las Vegas Sands (NYSE:LVS) stock has fared well over the last quarter or so, rising by about 40% since the end of October 2022.

The recent gains come as two major overhangs relating to the Macau business – which accounted for over 60% of the company’s pre-pandemic revenue – appear to be easing. Firstly, China’s State Council has been rolling back some Covid-19 restrictions, scaling back on mass testing, quarantine requirements, and the use of the health code system.

SUZOHAPP TO PARTICIPATE AT EAG 2023

For new developments, SUZOHAPP will be displaying the CountR CashIO Cash Redemption Terminal (CRT) which provides a fast and easy self-service pay out for players, and the Dual Change Cashless, a new change machine which addresses the requirement for contactless payments for arcades and Bingos.