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Las Vegas Sands (LVS) Stock Climbing on Better Than Expected Macau Revenue

NEW YORK (TheStreet) -- Shares of Las Vegas Sands (LVS - Get Report) are higher by 4.32% to $47.10 on Monday morning, as some stocks within the casino sector get a boost from the latest monthly revenue results out of China's Macau gaming hub.

Macau's April revenue declined by less than what was expected, Bloomberg reports, as signs point to a stabilization in the only region in China where gambling is legal.

Macau has seen a month over month decline in revenue since 2014 as the Chinese's government's anti-corruption crackdown kept VIP and high stakes players away from the tables.

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