2024.07.17
tahachi casinoGaming and Leisure Properties (NASDAQ:GLPI) Chairman and CEO Peter Carlino is joining other industry executives in supporting stock prices that have been decimated by the coronavirus pandemic. Nevada relies on tourism more than any other state, and with its casino resorts closed for the foreseeable future, layoffs are expected.“Workers in certain industries will be disproportionately affected – in particular, workers in food service, accommodations, and brick-and-mortar retail. (Image: CNBC)Carlino, one of the architects behind Penn National Gaming (NASDAQ:PENN), the operator from which GLP was spun off in 2012, added to his stake in the real estate company from March 13 through March 16. liberty slots bonus codes 2020The economic impact is and will be severe, but the faster the virus stops, the quicker and stronger the recovery will be.”Filings with the Securities and Exchange Commission (SEC) confirm the purchases.I am purchasing GLPI shares because they are deeply undervalued and do not reflect the Company’s strong balance sheet, liquidity, growing free cash flcasino nightow and EBITDA [earnings before interest, taxes, depreciation, and amortization], its 14%+ dividend yield or its strong competitive position in the gaming REIT industry,” Carlino said in a statement reprinted by Barron’s.At this writing Monday, GLP stock yields 14.64 percent and is off 55.56 percent year-to-date.Following SuitCarlino isn’t the only gaming industry executive seeing value in his company’s beleaguered shares. il rivers casino free slots dragon spincall soaring eagle casino(Image: CNBC)Carlino, one of the architects behind Penn National Gaming (NASDAQ:PENN), the operator from which GLP was spun off in 2012, added to his stake in the real estate company from March 13 through March 16. Tropicana Atlantic City owner Gaming and Leisure Properties is getting some stock support from CEO Peter Carlino. That, along with nearly every industry hurting, could lead to a severe recession.Kristalina Georgieva, managing director of The International Monetary Fund (IMF), said Monday she anticcasino nightipates negative global growth in 2020.“But we expect recovering in 2021,” Georgieva added. miami club casino instant coupon(Image: CNBC)Carlino, one of the architects behind Penn National Gaming (NASDAQ:PENN), the operator from which GLP was spun off in 2012, added to his stake in the real estate company from March 13 through March 16. That accounts for about 25 percent of the Silver State’s total labor market.Hawaii (-5.1 percent) is the only other state the EPI projects will lose more than five percent of its private-sector jobs. Nevada relies on tourism more than any other state, and with its casino resorts closed for the foreseeable future, layoffs are expected.“Workers in certain industries will be disproportionately affected – in particular, workers in food service, accommodations, and brick-and-mortar retail. nugget casino reno suites golden nugget casino appfree online quickspin slots(Image: CNBC)Carlino, one of the architects behind Penn National Gaming (NASDAQ:PENN), the operator from which GLP was spun off in 2012, added to his stake in the real estate company from March 13 through March 16. Tropicana Atlantic City owner Gaming and Leisure Properties is getting some stock support from CEO Peter Carlino. (Image: CNBC)Carlino, one of the architects behind Penn National Gaming (NASDAQ:PENN), the operator from which GLP was spun off in 2012, added to his stake in the real estate company from March 13 through March 16. Nevada relies on tourism more than any other state, and with its casino resorts closed for the foreseeable future, layoffs are expected.“Workers in certain industries will be disproportionately affected – in particular, workers in food service, accommodations, and brick-and-mortar retail. That, along with nearly every industry hurting, could lead to a severe recession.Kristalina Georgieva, managing director of The International Monetary Fund (IMF), said Monday she anticcasino nightipates negative global growth in 2020.“But we expect recovering in 2021,” Georgieva added. choctaw casino kid friendly blackjack online casino world |