Share of casino operators rallied in premarket trading Monday, to buck the selloff in the broader stock market, as investors cheered news that Macau looks set to ease COVID-19 restrictions sooner than expected. Shares of Las Vegas Sands Corp. /zigman2/quotes/208792014/composite LVS +2.28% jumped 7.2%, Wynn Resorts Ltd. /zigman2/quotes/208845907/composite WYNN +1.32% climbed 5.8%, MGM Resorts International /zigman2/quotes/209932643/composite MGM -0.51% rose 2.8% and Caesars Entertainment Inc. /zigman2/quotes/205281174/composite CZR -0.89% were indicated up less than 1%, while futures /zigman2/quotes/209948968/delayed ES00 -0.21% for the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.12% slumped 0.6%. The rallies comes after news that Macau, a gambling center in China, has decided to ease COVID-19 restrictions, by resuming electronic visas for individuals and group tours, around late-October and early-November. "Although it's tough to quantify the immediate benefit, we believe the resumption of e-visa & group tours should alleviate friction for a Macau trip, as well as signal to many that it's OK to visit Macau, in turn boosting demand into the year-end holidays and 2023," analyst DS Kim wrote in a note to clients. "Finally, we feel we can talk about a return to normalcy."