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south lake tahoe casinos covid 19The company will announce its Q4 and full-year 2018 earnings on February 13.Activist InvestorsMeister was appointed to the MGM Board of Directors just last week. MGM Resorts CEO Jim Murren says an ad-hoc committee is reviewing the company’s real estate portfolio. The Las Vegas Review-Journal’s Todd Prince wrote that the company bowed to pressure after Meister’s hedge fund Corvex Management obtained roughly a three percent ownership stake in the casino business.Meister is one of billionaire Carl Icahn’s protégés. running aces casino numberIt’s allowed such activist investors to take large positions.Mario Gabelli, who runs GAMCO Investors, an investment and brokerage services firm, said this week that MGM’s current trading price is “very attractive.”The billionaire said on CNBC’s Halftime Report Wednesday that investors should “put a bet on it.”Icahn has also recently made a substantial play in the gaming industry. The real estate investment trust (REIT) owns seven Strip properties including Mandalay Bay and Park MGM. Governor Charlie Baker (R) named Judd-Stein to head the MGC earlier this month. chukchansi casino website

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