2025.11.05
twin river casino lincoln r.iIn an effort to stop the spread of the coronavirus, gaming companies are temporarily shuttering properties across the US, abig fish casino youtubend many are doing the right thing by paying employees for closures expected to range from two weeks to a month.(Image: CNBC)A slew of filings made with the Securities and Exchange Commission (SEC) Wednesday indicate company insiders are scooping up thbig fish casino youtubee gaming company’s shares, providing a catalyst for the downtrodden stock to surge about 26 percent (as of this writing) Thursday.54 percent year-to-date.mohegan sun casino gift shopTax 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.Paul Salem – the MGM director that made a splash last May buying more than million worth of the stock – added to that position with the purchase of about 250 shares, according to the SEC.(Image: CNBC)However, investors are growing apprehensive about just how long gaming companies can survive, particularly if casino closures are extended.nugget casino reno room service scarlet pearl casino appchukchansi casino halloween 2021Nomura Instinet analyst HaNomura Instinet analyst Ha5 billion credit revolver to access more cash, and the company has .online casino louisianaAs such, the government is expecting a budget shortfall of .The firm’s regional portfolio isn’t providing any support because all of those casinos have temporarily shuttered, too.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.slotomania free games choctaw casino idabelluckyland slots no deposit bonusEarlier this month, officials in the SAR said they weren’t contemplating tax relief for concessionaires – something the industry wasn’t asking for in the first place.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.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.During the closures, money is being allocated to employee compensation, rent and other expenses, while no revenue is coming in.Paul Salem – the MGM director that made a splash last May buying more than million worth of the stock – added to that position with the purchase of about 250 shares, according to the SEC.The filings emerged less than a week after MGM said it’s scrapping a .no deposit bonus casino 2021 czech big fish casino club levels |