2025.10.08
cliff castle casino restaurantsHedge fund manager Stanley Druckenmiller’s Duquesne Family Office reconfigured its equity portfolio in the fourth quarter, including reducing its position inmgm casino mabachusetts Penn National Gaming (NASDAQ:PENN).Likewise, 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.Earlier today, the state of Michigan said online sportsbook operators generated a combined handle of 5.lucky tiger casino loginAs for the companies still interested in the city, the roster remains star-studded and includes Galaxy Entertainment Group, Genting Singapore, Melco Resorts & Entertainment — all of which have deep experience running integrated resorts in the Asia-Pacific region — and Japan’s Sega Sammy.That means it’s not necessarily negative that Druckenmiller trimmed his Penn stake.Duquesne Family Office trimmed its Penn stake by 20 percent, but still held 1.mgm grand casino host fanduel stardust casino jersey city njpeppermill casino promo codeIn either case, a single Japanese integrated resort will likely be the most expensive gaming property ever constructed.Earlier today, the state of Michigan said online sportsbook operators generated a combined handle of 5.The 13F filings don’t indicate on what date a professional investor bought or sold shares of a particular company or what prices were paid or received in those transactions.aliante casino gift days5 of that figure is attributable to Penn’s Barstool Sportsbook, putting the company third behind rivals FanDuel and DraftKings.Other Hedge Fund Moves in Gaming StocksDuquesne Family Office isn’t the only big-name asset allocator tinkering with positions in gaming equities.Assuming Duquesne waited until later in the fourth quarter to sell some of its Penn shares, it made an impressive gain.island view casino november calendar harrahs cherokee casino ncbovada casino los angelesEven if that timeline is adhered to, it will likely be 2026 or 2027 before the venue opens.The hard part is likely to cost.(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 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.Previously, companies and analysts estimated billion is the floor for building a high-end gaming venue in Japan, and that the price tag could go as high as billion.black hawk casino near me luckyland casino bonus code |