blackjack casino near meDuquesne Family Office trimmed its Penn stake by 20 percent, but still held 1.2 million in the first 10 days of business.”For operators, that’s the easy part.firekeepers casino and resortIt’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.Jonathan Litt’s Land & Buildings Investment Management, LLC (L&B) scaled backboulder station casino las vegas nevada its Caesars position in the last three months of 2020.Duquesne Family Office trimmed its Penn stake by 20 percent, but still held 1.island of capri hotel and casino

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mgm grand casino biloxi mibibippiLikewise, 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.More than .That means it’s not necessarily negative that Druckenmiller trimmed his Penn stake.free online zodiac slotsFrom the stock’s early November trough around , it later flirted with 0 in December before settling around to close out 2020.Other Hedge Fund Moves in Gaming StocksDuquesne Family Office isn’t the only big-name asset allocator tinkering with positions in gaming equities.Soros Fund Management, the family office of billionaire financier George Soros, departed its entire DraftKings stake in the fourth quarter.casino zagreb blackjack

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o casino filmeAssuming Duquesne waited until later in the fourth quarter to sell some of its Penn shares, it made an impressive gain.(Image: YouTube)On TuesPenn, which has been one of the hottest gaming stocks since the March 2020 coronavirus market bottom, resides around 5 today.The same is true of Dan Loeb’s Third Point Capital and Caesars Entertainment (NASDAQ:CZR).His Duquesne Family Office sold some of its Penn National Gaming shares.An analyst is bullish on operator Boyd’s prospects.wild horse pab casino entertainment