Las Vegas Sands is one of the top-performing casino stocks in 2023 thanks to the Macau recovery turning out to be greater than many analysts and experts anticipated, and its 17% gain is much above the major equity indexes.It makes sense that Sands shares would be sensitive to events in Macau. The operator has the most of the six concessionaires in the SAR's integrated resorts under its control with five. There are restrictions on the amount of table games that each casino may provide under Macau's recently amended gaming law. Because analysts anticipate that the new criteria will force operators to boost their products targeted at mass and premium mass customers, this is advantageous to Sands and Galaxy, which were previously strong in the mass market.
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