Melco Resorts Stock's Big Boost From China's Stimulus Plans
If there is stimulus and the stock market in China rises, it makes sense that Macao and Melco Resorts would be beneficiaries of increased spending. Macao is the only part of China where gambling is legal. Melco's Macao businesses include Altira Macau and City of Dreams, as well as the Mocha Clubs and Studio City.