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black bear casino halloween 2021The largest casino union in the nation met with gaming regulators in several states this week to express the trade group’s concerns regarding hedge funds and private equity groups amassing considerable ownership positions in the industry. Casino union execs say there’s a heightened risk of members being taken advantage of when hedge funds and private equity groups assume control of gaming companies. He’s using his influence to pressure the Caesars board, which he now has three seats on, to initiate a sale of the casino operator.“The best thing that could happen for Atlanadmiral casino withdrawaltic City would be for McDevitt to leave,” Icahn declared.McDevitt said this week that corporate raiders such as Icahn are only looking out for themselves – not the workers.So-called ‘active investors,’ whether they are hedge funds or private equity, are generally interested in benefiting themselves and other shareholders in the short-term, often without regard to the long-term consequences for the company,” the union boss declared. The 2018 Visitor Profile found that 82 percent of visitors had been to Las Vegas before, which is up significantly from 73 percent in 2016. “Consequently, they are a serious threat to the stability and longevity of our industry.”Union officials told gaming regulators in the three states that they should consider the impact of allowing hedge funds and private equity firms to obtain controlling stakes in casino companies before signing off on the ownership changes.Icahn Bets AgainIcahn sold Tropicana Entertainment to Eldorado Resorts for .85 billion last year. wild casino review