Why Casino Stocks Soared This Week to Beat Out the Stock Market

What happened

Shares of both Las Vegas Sands (LVS 15.06%) and Wynn Resorts (WYNN 13.17%) finished the week in the black, according to data from S&P Global Market Intelligence, while Caesars Entertainment (CZR 10.36%) erased most of a large deficit after Shanghai officials announced they will end weeks of strict lockdowns and attempt to reopen again in a few days.

Sands ended the week up 1.1% from where it closed last Friday after having been down 12% going into the last day…

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