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borgata nj casinoMeister Paid Off for MGMMeister joined MGM’s board in January 2019, eventually becoming one of the architects of the company’s asset-light strategy.Keith Meister’s Corvex Management upped its position in MGM Resorts International (NYSE:MGM) during the second quarter.But it’s likely Corvex is in the money on the newest part of its MGM stake, as the stock gained 7.wsop free online poker download4 billion windfall for MGM via its stake in MGP.The shares are up 20.37 percent year-to-date.boomtown casino in louisiana

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bovada or ignition casinoOf interest to investors in casino stocks is that the consumer discretionary sector is merely tied for fifth-best among the 11 sectors since March 2020.But it’s likely Corvex is in the money on the newest part of its MGM stake, as the stock gained 7.Meister’s enthusiasm for the company at which he holds a board seat stems in part from the thriving BetMGM business.Ultimately, the marriage creating the largest US casino operator by number of properties was consummated.But the coronavirus bounce took just 354 trading days, according to CNBC.When the casino operator reported second-quarter results earlier, it said BetMGM is the second-largest online sportsbook and iGaming platform in the US.admiral casino manchester piccadilly

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