Macau casino stocks are in the spotlight as lighter COVID restrictions help traffic

The Macau casino sector is looking for a second day of gains on some incrementally good news on traffic trends for the first week of September. A new travel program in Hong Kong that will allow more Mainland visitors is also raising optimism levels.
Also in the mix, Bernstein analyst Vitaly Umansky thinks the region could see a long-term boost from China’s State Council announcement that Hengqin Island will be a special low-tax jurisdiction under co-governance by Guangdong and Macau.

Source: https://seekingalpha.com/news/3737821-macau-casino-stocks-are-in-the-spotlight-as-lighter-covid-restrictions-help-traffic