Melco Resorts & Entertainment (NASDAQ:MLCO) Bearing that in mind, we used TipRanks’ Stock Comparison Tool to place Melco ( NASDAQ:MLCO), MGM Resorts ( NYSE:MGM), and Las Vegas Sands ( NYSE:LVS) against each other to select the most attractive casino stock. Additionally, certain analysts expect demand in Las Vegas to be strong, while others remain cautious due to a tough macro backdrop.
Moreover, Macau granted new licenses to six casino operators in late 2022 for a period of ten years. Stocks of casino operators with exposure to Macau, an administrative region in China and a major gambling destination, have recently rallied in hopes of a strong recovery following the easing of COVID-19 restrictions.
