little river casino weddingOther Hedge Fund Moves in Gaming StocksDuquesne Family Office isn’t the only big-name asset allocator tinkering with positions in gaming equities.Hedge fund manager Stanley Druckenmiller’s Duquesne Family Office reconfigured its equity portfolio in the fourth quarter, including reducing its position inboulder station casino las vegas nevada Penn National Gaming (NASDAQ:PENN).It’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.lucky creek casino no deposit bonus codes 202031, 2020, according to the regulatory document.More than .5 of that figure is attributable to Penn’s Barstool Sportsbook, putting the company third behind rivals FanDuel and DraftKings.sam s town casino buffet

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does turtle lake casino have a poolIt’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.Penn, which has been one of the hottest gaming stocks since the March 2020 coronavirus market bottom, resides around 5 today.”For operators, that’s the easy part.sunset station casino bowling alleyThe same is true of Dan Loeb’s Third Point Capital and Caesars Entertainment (NASDAQ:CZR).89 million shares in the third quarter, while also eliminating investment in rival DraftKings (NASDAQ:DKNG).It’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.seneca niagara casino reservations

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royal ace casino customer service(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.The hard part is likely to cost.Shares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday.Details and TimelinePredictably, Yokohama officials are requiring bidders to include plans for a casino and hotel in the RFPs, with the stipulation that the gaming area cannot occupy more than three percent of the venue’s total square footage.Assuming Duquesne waited until later in the fourth quarter to sell some of its Penn shares, it made an impressive gain.In either case, a single Japanese integrated resort will likely be the most expensive gaming property ever constructed.88 fortunes free slots casino