2025.11.02
boulder station casino veterans9 billion this year.5 billion credit revolver to access more cash, and the company has .(Image: CNBC)However, investors are growing apprehensive about just how long gaming companies can survive, particularly if casino closures are extended.tropicana laughlin hotel casino9 billion this year.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.Some investors are getting worried about casino operators’ cash positions.cool cat casino bonus ohne einzahlung downstream casino jackpotshotels near jackson rancheria casinoWhile company directors and executives may sell stock for any number of reasons – not all of which are negative – including a need to raise cash or to diversify personal portfolios, insider buying is generally viewed in a positive light because the investment community believes those with intimate knowledge of a firm only buy shares for one reason: because they think the stock will appreciate.Outgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.In an effort to stop the spread of the coronavirus, gaming companies are temporarily shuttering properties across the US, acoushatta casino net worthnd many are doing the right thing by paying employees for closures expected to range from two weeks to a month.tachi palace casino openJust weeks after selling shares, MGM CEO Jim Murren is among the insiders doing some buying of the gaming company’s stock.In an effort to stop the spread of the coronavirus, gaming companies are temporarily shuttering properties across the US, acoushatta casino net worthnd many are doing the right thing by paying employees for closures expected to range from two weeks to a month.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.draftkings casino apk river spirit casino tulsa upcoming eventswonder 4 free slotsThe firm’s regional portfolio isn’t providing any support because all of those casinos have temporarily shuttered, too.The firm’s regional portfolio isn’t providing any support because all of those casinos have temporarily shuttered, too.During the closures, money is being allocated to employee compensation, rent and other expenses, while no revenue is coming in.Entering Thursday, shares of the Mirage operator were lower by 78.Good Timing?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.turtle lake casino gambling age golden nugget casino from my location |