harrah s casino groupLast month, Murren sold 689,000 shares of MGM stock at an average price of .The stock trades around at this writing.The stock trades around at this writing.morongo casino slotsMeister is widely viewed as one of the architects behind pushing the company to sell Strip real estate assets to unlock shareholder value, and his hedge fund is one of the largest institutional investors in the stock.The filings emerged less than a week after MGM said it’s scrapping a .Outgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.mgm casino resort

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jamul casino directionsInsider 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.51 percent over the past week and currently resides at its lowest levels since early 1999.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.(Image: CNBC)However, investors are growing apprehensive about just how long gaming companies can survive, particularly if casino closures are extended.9 billion this year.51 percent over the past week and currently resides at its lowest levels since early 1999.viejas casino layout