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casino games texas holdem pokerBut 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 lake tahoe casinos mgmcircles, 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. Caesars was one of three positions Third Point ditched in the December quarter. (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. lake tahoe casino wedding packagesDanilake tahoe casinos mgmel Loeb, founder and CEO of hedge fund Third Point seen here in 2017. The firm bought one million Caesars shares during the third quarter in a position then valued at .06 million.The hedge fund noted liquidation of its Caesars stock stake in a 13F filing with the Securities and Exchange Commission (SEC) released today after the close of US markets. 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 lake tahoe casinos mgmcircles, 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. mountaineer casino covid

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