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viejas casino the cafe(Image: CNBC)However, investors are growing apprehensive about just how long gaming companies can survive, particularly if casino closures are extended.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.During the closures, money is being allocated to employee compensation, rent and other expenses, while no revenue is coming in.harrah s cherokee casino employmentTax 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.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.Outgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.drake casino 60 free spins

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