2025.10.09
mountaineer casino ownerOutgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.(Image: CNBC)A slew of filings made with the Securities and Exchange Commission (SEC) Wednesday indicate company insiders are scooping up thm casino in vegase gaming company’s shares, providing a catalyst for the downtrodden stock to surge about 26 percent (as of this writing) Thursday.President 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.fanduel casino blackjack not workingJust weeks after selling shares, MGM CEO Jim Murren is among the insiders doing some buying of the gaming company’s stock.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.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.is desert diamond casino open on christmas day casino table games texas holdemcliff castle casino employmentFor example, Keith Meister of Corvex Management made modest purchases of the stock.87 billion.During the closures, money is being allocated to employee compensation, rent and other expenses, while no revenue is coming in.clearwater casino eventsIn an effort to bolster the local economy, lawmakers are providing citizens with 5 vouchers that can be spent on anything as long it’s in Macau.Meister is widely viewed as one of the architects behind pushing the company to sell Strip real estate assets to unlock shareholder value, and his hedge fund is one of the largest institutional investors in the stock.Insider Buying MattersExecutive Vice President and Chief Accounting Officer Robert Selwood, Executive Vice President and General Counsel John McManus, and Atif Rafiq, President of Commercial and Growth, were among the other executives purchasing MGM stock.casino extreme login how old do you have to be to go to downstream casinointertops casino usaIn an effort to stop the spread of the coronavirus, gaming companies are temporarily shuttering properties across the US, am casino in vegasnd 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.Tax TumbleThe gaming industry accounts for 80 percent of the tax revenue collected by the Macau government, and with the COVID-19 epidemic slamming concessionaires, lawmakers acknowledge receipt collection will tumble this year.In an effort to bolster the local economy, lawmakers are providing citizens with 5 vouchers that can be spent on anything as long it’s in Macau.5 billion credit revolver to access more cash, and the company has .Politicians expect the scheme will be effective, but it will lead to a government spending increase of almost .wild casino bonus codes no deposit royal ace casino reviews 2020 |