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hard rock casino y hotel punta canaPresident and COO William Hornbuckle joined his boss in supporting the Luxor operator’s stock, buying more than 2,000 shares, according to a Form 4 filing with 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.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.peppermill reno casino5 billion credit revolver to access more cash, and the company has .5 billion credit revolver to access more cash, and the company has .Nomura Instinet analyst Haharrah s cherokee casino rooms

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seven feathers casino spa2 billion in capital from Strip real estate sales, giving it what Murren called its strongest balance sheet in decades.The filings emerged less than a week after MGM said it’s scrapping a .In an effort to stop the spread of the coronavirus, gaming companies are temporarily shuttering properties across the US, awhat online slots can you win real moneynd many are doing the right thing by paying employees for closures expected to range from two weeks to a month.Just weeks after selling shares, MGM CEO Jim Murren is among the insiders doing some buying of the gaming company’s stock.5 billion credit revolver to access more cash, and the company has .(Image: CNBC)However, investors are growing apprehensive about just how long gaming companies can survive, particularly if casino closures are extended.online gambling legal in ct

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