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raging bull casino gameSome investors are getting worried about casino operators’ cash positions.The firm’s regional portfolio isn’t providing any support because all of those casinos have temporarily shuttered, too.Outgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.hollywood casino legends 50 plus54 percent year-to-date.During the closures, money is being allocated to employee compensation, rent and other expenses, while no revenue is coming in.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.bovada casino rigged

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pechanga casino inglewoodDuring the closures, money is being allocated to employee compensation, rent and other expenses, while no revenue is coming in.9 billion this year.The firm’s regional portfolio isn’t providing any support because all of those casinos have temporarily shuttered, too.luckyland casino app downloadEarlier this month, officials in the SAR said they weren’t contemplating tax relief for concessionaires – something the industry wasn’t asking for in the first place.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.In an effort to bolster the local economy, lawmakers are providing citizens with 5 vouchers that can be spent on anything as long it’s in Macau.free casino slots machines no download

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cache creek casino gamesOutgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.For example, Keith Meister of Corvex Management made modest purchases of the stock.The stock trades around at this writing.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.Good Timing?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.chukchansi casino noodle bar

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