and las vegas sands is really more the consumer and the macao. macao about to hit ds stride growing market share 30% in the quarter yet had 13% of rooms out of service only 50% of airport volume just match when those improve and macao gaming revenues up to 97% from 2019. i think you still are going to see material upside as you have kind of their economy on the consumer side normalize. the fact on just overall china, saying on a conference call today china, their result in china a lot stronger than the headlines and commentary is out from -- from other parts, other data, other data points. i thought that was an interesting comment from them. we haven't heard that yet. wait until we get some industrial companies to hear what they have to say about china. i'm in the camp. i like china and like reopening but the consumer side that like. >> yeah. ed, looking at areas of the market that have been doing well. >> right. >> say in the last month which are more tied to our economy here. >> right. >> things like small caps. russell 2000 up 5.3% in one mont

that leaves room to the upside for china to stimulate the macao numbers weren't that high with regards to wynn you have las vegas -- i know las vegas sands doesn't have las vegas operations >> thank you for that. now the head loins lines with sa mody >>> the port of odesa, ukrainian officials report dozens of injuries saying the attacks have damaged critical infrastructure at the largest port. russia's bombardment after the country pulled out of a wartime deal >>> a man died in death valley national park in what is suspected to be be a heat-related fatality during scoring 121-degree heat. the park service is encouraging to sight see from cars and hike in the cooler mountains. at least two people were killed and five others injured during a shooting in auch land, new zealand hours before the first women's world cup soccer match was to begin the gunman later killed. authorities believe he was a construction worker at the site where the shooting occurred. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points

after winning against opponents from macao and indonesia, ganjzadeh gave the result to the representative of saudi arabia reported on the chances of his opponent, the egyptians, in this stage, he won the bronze medal by defeating karate kai from the emirates . zadeh won a bronze medal in the individual kata section, fatemeh sadeghi and abolfazl shahrjardi also won a bronze medal . the second round of the para-asian competitions started today. mishe and masoumi g. rahim gol mohammadi abolfazl, qani hafez, hafez ikea, mohammad reza bagai and farzad safavi will face their opponents. this tournament is being hosted by malaysia. the russian beach soccer tournament is being held . french world cup champion boys and girls team became the runner-up in the speed spiral section of the competitors and in the age group under 19, romina salek won the gold medal, and sobhan khosravani and mahsa safarzadeh won the silver medal. in the age group over 19, reza lorestani won the gold, amir mohammad sawari won the silver medal, and mohammad amin abbasian and taraneh ahmadi won the bronze. in the division ,

zabihullah pourshib was eliminated in addition to 84 sajjad ganjzadeh after winning against opponents from macao and indonesia left the result to the representative of saudi arabia, aqdasi won iraq and lost to jordan. yesterday, dehghanzadeh and atosa golshadnejad won gold medals in -61 and amir mahdizadeh won bronze in -67. in individual kata, fatemeh sadeghi and abolfazl shahrjardi won bronze medals. the second round of the asian karate championship starts today. beqaei and farzad safavi against the competitors of this tournament, hosted by malaysia , the russian four-way beach soccer tournament is being held by our country's team. today, it will face the uae. in the continuation of this competition, our country's national beach soccer team will be hosted by st. petersburg. in the second match today, it will play against the uae. on the first day of this competition, our country's beach players defeated senegal , the champion of africa. they climbed and entered if they win against poland, they will meet for the first time in the final match. in the other semi-final game, from 21:30 minutes, th

iran's under-16 girls' volleyball team won their second victory after australia's defeat against the macao team in the asian championship. let's play this game coordination is necessary, i can look at it to reduce the difficulty, which god willing, we will take, to give us a spirit that without the background image of the players , the under-16 asian girls' volleyball competition will continue until july 17th, hosted by china. student shooting hosted by tehran, the women of our country are preparing to participate in the world student games , they are aiming for the world student games . these are the competitions of angel budi, the children are at an acceptable level, and we expect it to have a good quality level like the previous ones, the level of preparation is good . the women of haniye rostamian, fateme shekari, laia mohammadi and amitis jafari, the representatives of iranian students , are competing in the azadi stadium. the teams are from all over the world, and usually the teams from china, india and germany are banned. eats and i hope that we will participate in the competitions.

the macao business is not as good as it used to be. there's one stock i am willing to endorse as a genuine china play, and it's ralph lauren. to quote their last conference call from may, we are strongly encolon enco encouraged following the country's reopening. the ceo says we drove full-year china sales up more than 20% in constant currency includiiing acceleration of fourth quarter sales up 40% we expect china to remain one of our fastest growing markets, end quote. there finally, truth, where do i come down on this? i support buying ralph lauren as long as the american business holds up i can see buying starbucks as long as their cold brew sales continue to accelerate in the u.s. the days when you could invest in these stocks purely based on china growth, those days are over for years they were the china plays until we learned our lesson that the chinese economy doesn't use enough oil to move the needle and if it does, it's buying that oil at discount, that was the way we used to do it i don't think you're going to make anybody --

call a war, nothing different from the china formula that everything that was china should be china macaowan from formulas of india you also see us saying, rather the world of france or already india hello portugal or already india and then why should something be different with us handsome dmitry yes well, since i agreed, so to speak, there in one here stories to disperse, but i don’t. in fact, the feeling is that mm, anyway, here is the ruling group in the united states for ukraine, so to speak, for those people who control them there, they are looking for some way out in the form of a provocation. in fact. there were people really who were in favor of the maximum, what is called escalation? no , they themselves still well, here's me about the selfishness of ukrainians. there are big questions. that is, let's say doubts. so, they are not even europeans. they are, so to speak. that's quite, as it were, the author of which was pulled for a long time for the strings, as for the provocations of the most diverse, who is not more for johnson with such a scandal and with such a shameful and so

points of prepandemic revenue par. >> and macao, are you still seeing strength? all see the monthly numbers. june was a really strong month we continue to out share market and we see a lot of strength in macao right now. >> we -- when we're looking at the labor issues that are facing the nation, we've moved past the crunch and looking at unions bill, for instance, you're in talks as we speak with the culinary union in las vegas. can you give me a sense of what's driving the demands of the unions that you're dealing with and what you think are significant concerns >> let's start out, we've had a really long relationship, most notably, with the culinary union that goes back decades and successfully negotiated all those agreements i have no concern with the existing environment we sit in what is unique is demand on labor. demand particularly for front line service personnel when you think about housekeeping and guest room attendants and the demand on them, change in the environment brought on by covid. 40% of our guests don't want attendants in their rooms and it's

. >> las vegas sands today, too, you own wynn >> it's been in this range 105 to 115, macao, the chinang as well. in the meantime las vegas itself is doing great las vegas wynn, we're going to get insight tonight. i think it's going to be pretty positive from what we've seen of the gross gaming revenue from t united tonight if you are looking for confirmation signals for the rally, people will say new 52-week high in transports so united plays a role there what do you think about this group here >> we think delta by far from an operational fundamental basis is the best stock but there is a scarcity proposal on the airlines, and i think the consumer is dealing with covid and guess where people are living on airplanes >> jimmy, you have delta and alaska, as well. you don't have united. >> i don't i think delta and alaska are the creme de la creme in the industry business is coming back in this unique way you see it if you are on planes, they have created a clash between economy and leisure. airlines are making money where they can, and the demand is there. i like the sector. >> jenny, yo

and morgan stanley names sands the top pick in gaming the stock is the best way to play the macao tradeup 1% >>> time for the "global briefing." conversations dominating trading desks around the world australian appointing the first central bank governor. bloomberg reporting francois-henri pinault is in talks to buy caa talent agency it could fetch a valuation of $7 bil billion. and a boost of trading on the back of beijing a.i. regulations. rules stress the network security and data regulation as the a.i. industry grows. >>> let's stick with china wall street changing its tune despite the weak economic data credit suisse saying it is oversold and adding it is opt mission -- optimistic on the trade. we saw speculation that beijing sector crackdown is nearing the end. yesterday, secretary of state blinken met with another top chinese diplomat in indonesia. another sign of thawing relations. joining me on the cnbc news line is shehzad qazi. he testified on capitol hill on the growing peril for american companies in china good to see you. good morning >> good morning, frank. >> let's start

guy, some pretty big moves intraday >> look at macao -- >> ggr >> gross gaming revenue.said that, so courtney would have said, what is that? it's up 514% year over year, which is pretty remarkable and these stocks, listen, they all pulled back, i get it, there's concern about china slowing, i get that. valuations are compelling. i think you own wynn and they report second week of august >> maybe they're not going to disney world, they're going to ma kyou a. mike khouw has more on the action what are you seeing >> yeah, looking at draft kings this traded 2.4 times its average daily options volume today. calls outpacing puts three to one. those are trading throughout the day and considering the stock ended up on the highs of the day, these are actually profitable already, these traders believe the move can continue to week's end >> thank you, mike for more options today, be sure to tune into the full show friday, 5:30 p.m. eastern time tim, bullish there >> i think a lot about "oa," i'm going to think about that. and i'm long for draft kings i've been enjoying the renaissa

plus f1 is expected to result in the best november effort that could provide steam and then macao thisor june, five times higher than last year but still off 40% from 2019. so that leaves room for improvement for mgm, las vegas sands, melco and wynn resorts. flutter is hoping to engage the u.s. customer base when it lists here later this year and now that the i.p.o. freeze seems to be thawing. industry insiders are watching to see if fanatics or other smaller operators go public. and fanatics made a $150 million bid for points bet draft kings entered the fray with a bid that forced fanatics to up the bid to $250 million. it won the deal but paid more than they ended. draft kings and fan dual are market leaders by far with 60 operators across the u.s. you can be sure that more will be following. >> contessa, when i think about gaming stocks in general, i think about sin stocks which have historically, even in times of economic downturn or recession, tended to do well because people are stressed and they turn to vices when you look at gaming i realize there's a recovery in china, you hav

far as what they're seeing in demand here's robert goldstein the powerful recovery taking place in macaoapore is evident in our days and we believe there's still room to run in both of those markets an that was a china related business and asia related business, which people have been negative on. >> they've been concerned about the willingness of the chinese consumer to spend. >> d.r. horton had pretty strong things to say about the health of the housing market. d.r. horton's chairman, despite continued higher mortgage rates and inflationary pressures, our net sales orders increased 37% as the supply of new and existing homes at affordable price points remains limited and demographics supporting housing demand remain favorable. whatthat shows there's supply issues in the housing market that has helped them. >> that's been the story all along. that stock has turned around and it was up in the very early going. up as much as 3% so d.r. horton shares have turned around here not certain as to why, but as we pointed out, the home builders overall, you can see it, have had an incredible move

call wars is no different from the formula of china that everything that was china should be china macaohe formula of india we also see to say rather peace, france or already india wow portugal or already india and then why do we have something should be beautiful? dmitry yes well, since i agreed, so to speak, to go through one of the stories there, but i don’t actually the feeling that, uh, anyway, here is the ruling group grouping in the united states for ukraine, so to speak, for those people who control them there, they are looking for some way out in the form of procaking. in fact. there were people really who were in favor of the maximum, what is called escalation. they themselves are still well, here's me about the selfishness of ukrainians. there are big questions. that is, let 's say doubts. so, they are not even europeans. they are, so to speak. that's quite, as it were, the author of which was pulled for a long time for the strings, with regard to the most diverse provocations, who is not fighting johnson with such a scandal and with such a shameful one, so to speak. it is cle