miami club casino instant play(Image: CNN)High-ranking executives and board members accumulate a stock for one reason: because they believe it has upside potential.With 41.The gaming industry is familiar territory for hedge funds and a slew of publicly traded casino and race track operators are owned by these investment vehicles.lucky creek casino free chipBucking Rookie TrendsA possible reason some smart money investors may be fond of TRWH is the company’s penchant for doing things newly public firms, particularly those classified as small-cap stocks, rarely do.Data confirm Churchill Downs insiders have been gobbling up the shares.Led by Solus Alternative Asset Management, eight of the 10 largest shareholders in Twin River are hedge funds.poker cash game kings casino

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morongo casino commercial(Image: Providence Journal)In just over three months as a public company, the owner of the Tiverton Casino Hotel in Rhode Island has rapidly gained a following in the hedge fund community.A Rhode Island MonopolyTwin River owns the only two casinos in the Ocean State, giving it a competitive advantage there.16 billion market value, has just two hedge funds among its 10 largest shareholders.club player casino promo codes(NASDAQ:CHDN), owner of the eponymous horse racing venue, is one of 2019’s best-performing gaming stocks.Several catalysts, including rising ownership among company insiders, indicate the shares could continue rising.Analysts are steadily ratcheting up earnings estimates for the owner of the TwinSpires online betting portal.jamul casino monday promotions

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boulder station casino sportsbook(Image: CNN)High-ranking executives and board members accumulate a stock for one reason: because they believe it has upside potential.At least one analyst believes the casino operator could generate 4 million in free cash flow next year and that half of that could be used to raise the dividend.In fact, two hedge funds – Farmstead Capital Management and the aforementioned Solus – allocate over 30 percent of their total portfolios to the stock.But as a percentage of overall institutional investors involved in the stock, the hedge fund presence in Twin River is high when measured against gaming companies of roughly comparable size.To date, sports wagering in Rhode Island has fallen short of expectations, but gaming analysts believe that if the state can start executing on par with New Jersey or Pennsylvania, that could be a major catalyst for shares of Twin River.The company said it will pay a dividend of 10 cents a share per quarter.choctaw casino grand theater