red stag casino free spins 2021Two weeks ago, VICI Properties (NYSE:VICI) said it’s acquiring MGM Growth Properties (NYSE:MGP) for .06 billion bid from MGM, calling it inadequate.Of interest to investors in casino stocks is that the consumer discretionary sector is merely tied for fifth-best among the 11 sectors since March 2020.clearwater casino closed67 million shares of the largest operator on the Las Vegas Strip, a stake valued at 8.Meister Paid Off for MGMMeister joined MGM’s board in January 2019, eventually becoming one of the architects of the company’s asset-light strategy.4 billion windfall for MGM via its stake in MGP.morongo casino location

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slots casino free slot gamesWhile the hedge fund owns shares in several consumer discretionary stocks, including Amazon (NASDAQ:AMZN), MGM Resorts is the only casino operator on its roster.That indicates some gaming names are outperforming the broader consumer cyclical group.Just seven S&P 500 members are in the red since the coronavirus market bottom, and one is a gaming equity: Las Vegas Sands (NYSE:LVS).Two weeks ago, VICI Properties (NYSE:VICI) said it’s acquiring MGM Growth Properties (NYSE:MGP) for .Meister’s enthusiasm for the company at which he holds a board seat stems in part from the thriving BetMGM business.Meister’s enthusiasm for the company at which he holds a board seat stems in part from the thriving BetMGM business.royal ace casino codes