2025.10.12
valley forge casino check in timeWhen the casino operator reported second-quarter results earlier, it said BetMGM is the second-largest online sportsbook and iGaming platform in the US.(Image: CNCB)The hedge fund controlled by the MGM board member now owns 15.That’s seen the casino operator shed much of its real estate holdings to raise cash that can be allocated to faster-growing businesses.best online poker and casinoThat strategy is paying off handsomely, with recent transactions confirming as much.Keith Meister’s Corvex Management upped its position in MGM Resorts International (NYSE:MGM) during the second quarter.Meister’s enthusiasm for the company at which he holds a board seat stems in part from the thriving BetMGM business.foxwoods resort casino ledyard hallmark casino alternativemohegan sun casino directory4 percent in the June quarter.37 percent year-to-date.37 percent year-to-date.hard rock casino lake tahoe check in timeA casino proIn an interview with CNBC earlier this year, the investor said he’s “massively bullish on the potential opportunity for BetMGM,” while noting it’s “a misvalued asset” inside the gaming company.While the hedge fund owns shares in several consumer discretionary stocks, including Amazon (NASDAQ:AMZN), MGM Resorts is the only casino operator on its roster.raging bull casino codes no deposit foxwoods online promo codes 2021mountaineer casino horse racingIn an interview with CNBC earlier this year, the investor said he’s “massively bullish on the potential opportunity for BetMGM,” while noting it’s “a misvalued asset” inside the gaming company.His firm added to its stake in MGM.Meister Paid Off for MGMMeister joined MGM’s board in January 2019, eventually becoming one of the architects of the company’s asset-light strategy.Though it wasn’t attempting to execute a merger, Penn found itself in a similar position, as market participants punished non-investment grade companies with large debt burdens across all sectors.In July, MGM surprised Wall Street by paying .(Image: CNCB)The hedge fund controlled by the MGM board member now owns 15.morongo casino club cliff castle casino resort |