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online gambling usThe New York-based money manager added one million shares of the gaming giant during the third quarter in a position valued at .13.Immediate PayoffThe 13F filing doesn’t indicate exactly when the hedge fund purchased Caesars stock.But based on the million shares being valued at just over million, it’s clear the position is already profitable for Loeb’s firm, because the stock closed at .Based on value at the time of addition and number of shares, Caesars was one of Third Point’s smaller equity investments at the end of the third quarter.06 million, according to a Form 13F filing with the Securities and Exchange Commission (SEC) released Friday.turtle creek casino market