why all the resort stock (LVS, MGM, MLCO, CZR) are rising

The resort stocks (LVS, MGM, MLCO, CZR) are experiencing a rise due to several factors: 1. **Macau Gaming Revenue Surge**: Macau, a prominent gambling hub, reported a significant increase in gaming revenue for June 2025. This surge, which saw a 19% year-over-year growth, has had a positive ripple effect on casino stocks with significant exposure to the region, including LVS, MGM, and MLCO. 2. **BetMGM Outlook Upgrade**: MGM Resorts International (MGM) shares surged after BetMGM, a joint venture between MGM and Entain, lifted its full-year outlook. This positive momentum has carried over to other casino stocks, including MGM China Holdings Limited (MCHVY), which saw a 45% contribution to MGM's Q1 adjusted EBITDA. 3. **Sector Performance and Investor Sentiment**: The broader casino sector has been performing well, with investors encouraged by the sector's resilience and growth potential. This positive sentiment has led to increased investment in stocks like LVS, MGM, and MLCO. 4. **Upgrades and Positive Analyst Ratings**: Recent upgrades and positive analyst ratings have boosted investor confidence in these stocks. For example, Morgan Stanley raised its price target for Las Vegas Sands Corp (LVS) to $45, reflecting better quarterly results and a positive outlook. 5. **Strategic Developments and Philanthropy**: Companies like Las Vegas Sands (LVS) have continued capacity-building support for organizations such as The LGBTQ+ Center of Southern Nevada, which can enhance their reputation and appeal to investors. In summary, the rise in resort stocks can be attributed to a combination of factors including positive gaming revenue reports, outlook upgrades, strong financial performance, strategic developments, and investor sentiment.