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Enthusiasm builds over Japan casino legalization

  • Casino stocks gain steam after Japanese Prime Minister Shinzo Abe says his party aims to pass a law in the next session of parliament to legalize casinos in the nation.
  • Japan is forecast to be Asia's biggest casino market after Macau.
  • Advancers: Melco Crown (MPEL) +2.5%, Caesars Entertainment (NASDAQ:CZR) +1.9%, MGM Resorts (NYSE:MGM) +1.9%, Wynn Resorts (NASDAQ:WYNN) +1.4%, Las Vegas Sands (NYSE:LVS) +1.2%.

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Melco Resorts & Entertainment Limited