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Casino operators rise on China's stimulus plans



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** Stocks of Casino operators rise in premarket trade on China's stimulus plans

** China unveils wide-ranging stimulus measures to boost its flagging economy

** Wynn Resorts WYNN.O up 2.5%, while Las Vegas Sands LVS.N up 3%

** WYNN and LVS have substantial casino properties in Macau, leading to major dependence on Chinese customers for revenue

** U.S.-listed shares of Melco Resorts & Entertainment MLCO.O up 5%

** "Certainly feels like one of the groups (Casinos) that would benefit from China stimulus is catching a long-overdue bid" - Art Hogan, chief market strategist, B. Riley Wealth

** "It would not take much of a catalyst to light a fire under this group,"

** YTD, WYNN down 12%, while LVS down 14.4% as of last close



Reporting by Pranav Kashyap in Bengaluru

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