** Brokerage expects high demand and limited supply for casinos in Las Vegas during 2025-26
** Jefferies expects recent economic stimulus by the Chinese government to help the gross gaming revenue in Macau return to 2019 levels by 2026
** Last year in Sept., China's central bank unveiled its most aggressive stimulus since the pandemic
** Brokerage upgrades Las Vegas Sands and Boyd Gaming Corp to "buy" from "hold" and downgrades Red Rock Resorts to "hold"
** Jefferies says "regional markets should remain choppy on increasing competition and economic unevenness"
** Brokerage cuts PTs of Caesars Entertainment to $43, MGM Resorts International to $50 and Wynn Resorts Ltd to $105
** It raises PTs of Penn Entertainment to $22 and Golden Entertainment to $32
(Reporting by Rupali Chaudhary in Bengaluru)
((Rupali.Chaudhary@thomsonreuters.com))
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