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Jefferies Downgrades Las Vegas Sands to Hold, Names WYNN MACAU/ GALAXY ENT as Top Picks for Casino Stocks
2026-04-09 16:05:18
The steady start in early April provides support for the current share price levels of casino stocks, but is broadly neutral for the sector as a whole, mainly because the easy comparison base is coming to an end, coupled with geopolitical factors, Jefferies said in its research report.

Still believing premium operators should outperform the market in a slowing growth environment, Jefferies has reiterated WYNN MACAU (01128.HK) and GALAXY ENT (00027.HK) as its top picks. In contrast, it has recently downgraded Las Vegas Sands (LVS.US)'s rating to Hold, reflecting margin pressure arising from its strategic push into the premium mass segment.
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