2025.09.19
seven feathers casino poker room(Image: CNBC)According to a Tuesday 13F filing with the Securities and Exchange Commission (SEC), the regional gaming stock was one of five the money manager pared exposure to in the October through December period.Even if that timeline is adhered to, it will likely be 2026 or 2027 before the venue opens.Jonathan Litt’s Land & Buildings Investment Management, LLC (L&B) scaled backis mgm casino owned by mgm studios its Caesars position in the last three months of 2020.turtle lake casino st croixThat’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts.His Duquesne Family Office sold some of its Penn National Gaming shares.Soros Fund Management, the family office of billionaire financier George Soros, departed its entire DraftKings stake in the fourth quarter.royal ace casino promo kenny loggins thunder valley casinoisland resort and casino fitneb center” LVS was also focusing on Yokohama prior to dropping its Japan efforts.Hedge fund manager Stanley Druckenmiller, seen here.Other Hedge Fund Moves in Gaming StocksDuquesne Family Office isn’t the only big-name asset allocator tinkering with positions in gaming equities.wild vegas casino no deposit bonus codes 2021It’s just a coincidence, but the timing of the Duquesne regulatory document revealing the lowered Penn National position isn’t a plus for the money manager.Assuming Duquesne waited until later in the fourth quarter to sell some of its Penn shares, it made an impressive gain.The same is true of Dan Loeb’s Third Point Capital and Caesars Entertainment (NASDAQ:CZR).royal ace casino app download harrah s cherokee casino tripadvisorseneca niagara casino jobsIt’s just a coincidence, but the timing of the Duquesne regulatory document revealing the lowered Penn National position isn’t a plus for the money manager.Likewise, his family office eliminated a position in Las Vegas Sands (NYSE:LVS) during the fourth quarter, leaving Penn as the only gaming name on the firm’s roster of equity holdings.Previously, companies and analysts estimated billion is the floor for building a high-end gaming venue in Japan, and that the price tag could go as high as billion.Yokohama is expected to announce an RFP winner this summer.Yokohama is expected to announce an RFP winner this summer.Even if that timeline is adhered to, it will likely be 2026 or 2027 before the venue opens.free online slots for fun uk casino poker 75015 |