Enthusiasm builds over Japan casino legalization

|By:, SA News Editor

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 (CZR) +1.9%, MGM Resorts (MGM) +1.9%, Wynn Resorts (WYNN) +1.4%, Las Vegas Sands (LVS) +1.2%.