2025.12.16
big fish casino payoutLand & Buildings Investment Management, LLC (L&B) was busy with casino equities in the first quarter, adding new positions in Boyd Gaming (NYSE:BYD) and MGM Growth Properties (NYSE:MGP).L&B liquidated a stake in Caesars Entertainment (NASDAQ:CZR) — one of three namesruby slots software it dropped in the January through March period.As a result, analysts expect Macau’s gaming economy won’t flirt with pre-pandemic levels until next year, with a more earnest recovery developing in 2023, indicating an inflection point still hasn’t arrived.el dorado casino reno win lob statement“Under Moody’s assumptions, a full recovery in tourist arrivals — and therefore, gaming revenues — will not occur until early 2023,” said the ratings agency.Gaming REITs and VICI PropertiesWhile L&B added MGP to its roster in the first quarter, it pared its position in another gaming REIT, taking its stake iIt’s not immediately clear if L&B is planning to push Boyd to monetize its property assets.mychoice casino loyalty program seneca niagara casino ticketscliff castle casino pool24 million as of March 31.Moody’s commentary comes as the SAR’s six concessionaires are reporting improving profitability and higher spending and visitation data.Boyd and MGP are two of four stakes added by the money manager in the first three months of the year, and the only two gaming names among that quartet.wild moose casinoapita incomes continue to support its credit profile,” the credit evaluator continued.apita incomes continue to support its credit profile,” the credit evaluator continued.Land & Buildings founder Jonathan Litt.four winds casino bloomington wind creek online casino pa no deposit bonusonline casino no deposit bonus in texas“Under Moody’s assumptions, a full recovery in tourist arrivals — and therefore, gaming revenues — will not occur until early 2023,” said the ratings agency.L&B bought 341,787 shares of regional casino operator Boyd in the quarter, valued at .3 percent in the first quarter, and it’s expected to be one of the faster-growing major economies this year.Such a declaration isn’t made in 13F filings.But there’s an excellent chance L&B is in the green on that position, as the shares are higher today than they were at any point in January, February, and the first half of March.The activist investor also purchased 344,771 shares of MGP, worth .cliff castle casino yelp mgm casino food court |