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sycuan casino hotel roomsOutgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.Paul Salem – the MGM director that made a splash last May buying more than million worth of the stock – added to that position with the purchase of about 250 shares, according to the SEC.Just weeks after selling shares, MGM CEO Jim Murren is among the insiders doing some buying of the gaming company’s stock.encore clabic casino gamesAll told, 16 MGM board members and executives bought some stock in recent days, gobbling up a name that has been battered by the COVID-19 pandemic.54 percent year-to-date.For example, Keith Meister of Corvex Management made modest purchases of the stock.clearwater casino drawings

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casino pierDuring the closures, money is being allocated to employee compensation, rent and other expenses, while no revenue is coming in.MGM Resorts International (NYSE:MGM) board directors and executives are stepping up to support a stock hammered by the coronavirus pandemic – one that’s off 60.In an effort to stop the spread of the coronavirus, gaming companies are temporarily shuttering properties across the US, am casino in vegasnd many are doing the right thing by paying employees for closures expected to range from two weeks to a month.Along with its rivals in Las Vegas, MGM is wrestling with the governor-mandated Nevada closure of all gaming properties for 30 days because of the coronavirus.Just weeks after selling shares, MGM CEO Jim Murren is among the insiders doing some buying of the gaming company’s stock.Insider Buying MattersExecutive Vice President and Chief Accounting Officer Robert Selwood, Executive Vice President and General Counsel John McManus, and Atif Rafiq, President of Commercial and Growth, were among the other executives purchasing MGM stock.best fanduel casino game reddit