2025.10.09
golden nugget casino parkingAlong 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.For example, Keith Meister of Corvex Management made modest purchases of the stock.Last month, Murren sold 689,000 shares of MGM stock at an average price of .paragon casino cabinsAs such, the government is expecting a budget shortfall of .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.Just weeks after selling shares, MGM CEO Jim Murren is among the insiders doing some buying of the gaming company’s stock.download raging bull casino chumba casino sweepsnearest open casino to my locationWhile company directors and executives may sell stock for any number of reasons – not all of which are negative – including a need to raise cash or to diversify personal portfolios, insider buying is generally viewed in a positive light because the investment community believes those with intimate knowledge of a firm only buy shares for one reason: because they think the stock will appreciate.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.Entering Thursday, shares of the Mirage operator were lower by 78.free online slots bier hausThe stock trades around at this writing.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.Outgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.slotjoint casino no deposit bonus borgata online casino table gamesvalley forge casino win lob statementPaul 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.While company directors and executives may sell stock for any number of reasons – not all of which are negative – including a need to raise cash or to diversify personal portfolios, insider buying is generally viewed in a positive light because the investment community believes those with intimate knowledge of a firm only buy shares for one reason: because they think the stock will appreciate.Some investors are getting worried about casino operators’ cash positions.During the closures, money is being allocated to employee compensation, rent and other expenses, while no revenue is coming in.Politicians expect the scheme will be effective, but it will lead to a government spending increase of almost .All 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.downstream casino employment cache creek casino deli menu |