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valley forge casino openingTo date, sports wagering in Rhode Island has fallen short of expectations, but gaming analysts believe that if the state can start executing on par with New Jersey or Pennsylvania, that could be a major catalyst for shares of Twin River.88 million shares outstanding the stock trading just over as of the July 3 close, a repurchase program that could potentially top 0 million means Twin River could significantly reduce the amount of freely floating stock, thereby boosting its earnings per share.Several catalysts, including rising ownership among company insiders, indicate the shares could continue rising.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.(Image: Providence Journal)In just over three months as a public company, the owner of the Tiverton Casino Hotel in Rhode Island has rapidly gained a following in the hedge fund community.For example, the owner of the Hard Rock Hotel & Casino in Biloxi, Mississippi said last month it will spend up to 0 million on buybacks and dividends.jamul casino bingo