2024.07.19
cashman casino glitch(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. The other two are not gaming equities.With the casino behemoth off its roster, the hedge fund currently has no gaming equity exposure. However, some other big-name financiers stood pat in Caesars stock during the last three months of 2020. soaring eagle casino tonightThe 13F doesn’t reveal date of sales or what price the money manager dumped the shares. L&B maintained a stake in(NASDAQ:GLPI) to consider merging with VICI Properties (NYSE:VICI), the owner of Caesars Palace on the Las Vegas Strip. twin river casino bars bicycle casino chipscliff castle casino castle clubHowever, some other big-name financiers stood pat in Caesars stock during the last three months of 2020. The 13F doesn’t reveal date of sales or what price the money manager dumped the shares. That enables users to move money in one step between their bank and gaming accounts. luckyland casino reviewsHowever, some other big-name financiers stood pat in Caesars stock during the last three months of 2020. Some well-known money managers reduced or outright eliminated holdings in Caesars Entertainment (NASDAQ:CZR) in the final three months of 2020. 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 drake casino lyricscircles, 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. online poker casino davos four winds casino buffetruby video slotsThe 13F doesn’t reveal date of sales or what price the money manager dumped the shares. Some well-known money managers reduced or outright eliminated holdings in Caesars Entertainment (NASDAQ:CZR) in the final three months of 2020. That deal never came to fruition.The investment firm still owns .73 million worth of VICI equity. 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. If that happens, patrons would not only fund gaming sessions but could also pay for other items on their phones. His firm dumped Caesars stock in the fourth quarter. seneca niagara casino layoffs video poker casino games free |