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777 hollywood casino(Image: CNN)High-ranking executives and board members accumulate a stock for one reason: because they believe it has upside potential.Currently, 10 hedge funds own shares of Twin River, a massive amount for a .26 million shares on January 31.thunder valley casino new years eve party22 billion company that does not have two full quarters of trading under its belt.A Rhode Island MonopolyTwin River owns the only two casinos in the Ocean State, giving it a competitive advantage there.Bucking Rookie TrendsA possible reason some smart money investors may be fond of TRWH is the company’s penchant for doing things newly public firms, particularly those classified as small-cap stocks, rarely do.fanduel casino sign up bonus

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soaring eagle casino and resort jacuzzi suite23 percent of the company’s shares, up from 9.Twin River CEO George Papanier.Led by Solus Alternative Asset Management, eight of the 10 largest shareholders in Twin River are hedge funds.online gambling oklahoma16 billion market value, has just two hedge funds among its 10 largest shareholders.Following record-setting wagering during the Kentucky Derby in May, the consensus estimate for Churchill Downs’ secoAt least one analyst believes the casino operator could generate 4 million in free cash flow next year and that half of that could be used to raise the dividend.free online poker course

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casino near me casino near me28 percent at the end of January, according to Guru Focus data.Currently, 10 hedge funds own shares of Twin River, a massive amount for a .That announcement was made after Rhode Island-based TRWH had been public just over two months.Data confirm Churchill Downs insiders have been gobbling up the shares.The gaming industry is familiar territory for hedge funds and a slew of publicly traded casino and race track operators are owned by these investment vehicles.16 billion market value, has just two hedge funds among its 10 largest shareholders.free online omaha poker

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