2025.09.18
roulette casino tattooWhile the hedge fund owns shares in several consumer discretionary stocks, including Amazon (NASDAQ:AMZN), MGM Resorts is the only casino operator on its roster.06 billion bid from MGM, calling it inadequate.The high-yield bond and leveraged loan markets all but froze in March 2020, as the coronavirus pandemic gripped riskier assets, stoking speculation that the banks would encounter difficulty in finding willing buyers for Eldorado and Caesars paper.black oak casino updateThat indicates some gaming names are outperforming the broader consumer cyclical group.Of interest to investors in casino stocks is that the consumer discretionary sector is merely tied for fifth-best among the 11 sectors since March 2020.Two weeks ago, VICI Properties (NYSE:VICI) said it’s acquiring MGM Growth Properties (NYSE:MGP) for .twin river casino r.i foxwoods online casino appthe star gold coast casino dreb codeThat’s seen the casino operator shed much of its real estate holdings to raise cash that can be allocated to faster-growing businesses.When the casino operator reported second-quarter results earlier, it said BetMGM is the second-largest online sportsbook and iGaming platform in the US.Two weeks ago, VICI Properties (NYSE:VICI) said it’s acquiring MGM Growth Properties (NYSE:MGP) for .online gambling delaware47 million as of June 30, according to a Form 13F filing with the Securities and Exchange Commission (SEC).That indicates some gaming names are outperforming the broader consumer cyclical group.Though it wasn’t attempting to execute a merger, Penn found itself in a similar position, as market participants punished non-investment grade companies with large debt burdens across all sectors.valley forge casino opening black bear casino lakewood wasam s town casino securityCorvex’s portfolio contains more than 30 equity positions, spanning stay-at-home stocks, reopening ideas, and “event-driven” plays.His firm added to its stake in MGM.Form 13F doesn’t indicate exactly when an investor buys or sell shares.His firm added to its stake in MGM.67 million shares of the largest operator on the Las Vegas Strip, a stake valued at 8.But it’s likely Corvex is in the money on the newest part of its MGM stake, as the stock gained 7.who owns running aces casino golden nugget casino ds |