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harrah s casino dining(NASDAQ:GLPI) to consider merging with VICI Properties (NYSE:VICI), the owner of Caesars Palace on the Las Vegas Strip. Caesars was one of three positions Third Point ditched in the December quarter. It’s since expanded into other aspects of IGT’s operations, including IGT’s Resort Wallet. poker casino in arizonaThe 13F doesn’t reveal date of sales or what price the money manager dumped the shares. (Image: David Paul Morris/Bloomberg)Dan Loeb’s Third Point hedge fund departed the gaming giant’s shares in the fourth quarter, marking the end of a brief flirtation with the Harrah’s operator. But if Loeb waited until mid-November or later to part with Caesars stock, he made a tidy profit.Litt Trim Caesars Stock, But Keeps SomeJonatha Litt’s Land & Buildings Investment Management, LLC (L&B), an activist investor focusing on real estate assets, also trimmed its Caesars position to roughly 121,000 shares from around 329,000 shares, according to that firm’s 13F.Although L&B typically hones in on real estate companies, Litt’s firm is known in gaming blackjack 21 online casinocircles, as it one was of the first investors to push MGM Resorts International (NYSE:MGM) to monetize its once extensive property portfolio.In late 2019, Litt prompted gaming real estate investment trust (REIT) Gaming and Leisure Properties, Inc. free online slots 7700

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angel of the winds casino facebookical interactions between patrons and staff, such as exchanging chips for cash.Boyd Seeks Aggressive Cashless Gaming RolloutBoyd’s announcement is an extension of a cashless gaming pilot project the gaming company launched with Aristocrat in October at the Blue Chip Casino Resort Spa in Michigan City, Ind.According to a joint release, the digital solution is now available at Blue Chip and Belterra Park racino in Cincinnati. His firm dumped Caesars stock in the fourth quarter. His firm dumped Caesars stock in the fourth quarter. mgm casino detroit michiganThat includes meals, show tickets, and hotel rooms.Boyd Senior Vice President and CIO Blake Rampmaier said the development of BoydPay is about enhancing their guests’ experiences.By going cashless, our customers will be able to avoid the wait times and inconveniences associated with using cash and focus on enjoying their visit to our properties,” he said.Boyd said it expects to roll out this service to all 28 of its properties by the summer. The service eliminates the need for entering banking information for each transaction.“Players are more likely to embrace cashless technology when the experience is simple, convenient, and offers a wide range of funding sources, including direct, secure access to their bank accounts,” said Ryan Reddy, IGT vice president of VLT, systems, and payments products.Global Payments Gaming Solutions President Christopher Justice said more than 3.5 million people use VIP Preferred to fund their accounts.“For IGT, giving its customers and their players access to our VIP Preferred network provides players with a seamless and frictionless way to access cash for gaming,” he said.It’s also going through a trial run at the Aliante Casino Hotel and Spa in North Las Vegas.Patrons can currently BoydPay link their B Connected loyalty card to fund, play, or cash out at certain slot machines.Eventually, Boyd wants to use its digital wallet to connect to its B Connected mobile app. free slots vampire

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firekeepers casino covidThe other two are not gaming equities.With the casino behemoth off its roster, the hedge fund currently has no gaming equity exposure. Some well-known money managers reduced or outright eliminated holdings in Caesars Entertainment (NASDAQ:CZR) in the final three months of 2020. That is contingent on getting gaming authority approval in the 10 states where the company’s resorts are located.IGT, Global Payments Annoublackjack 21 online casinonce ExtensionAccording to an IGT release, the British-based gaming company’s subsidiary extended its agreement with Global Payments gaming division for at least five years.The relationship began with IGT using Global Payments for its iLottery product in 2016. That includes meals, show tickets, and hotel rooms.Boyd Senior Vice President and CIO Blake Rampmaier said the development of BoydPay is about enhancing their guests’ experiences.By going cashless, our customers will be able to avoid the wait times and inconveniences associated with using cash and focus on enjoying their visit to our properties,” he said.Boyd said it expects to roll out this service to all 28 of its properties by the summer. That enables users to move money in one step between their bank and gaming accounts. Some well-known money managers reduced or outright eliminated holdings in Caesars Entertainment (NASDAQ:CZR) in the final three months of 2020. cache creek casino spa

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