clearwater casino update(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 13F doesn’t reveal date of sales or what price the money manager dumped the shares. 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 bovada casino logincircles, 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. jamul casino restaurantsThe 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 bovada casino logincircles, 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. Danibovada casino loginel Loeb, founder and CEO of hedge fund Third Point seen here in 2017. online slots real money canada

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thunder valley casino parkingThe 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. Danibovada casino loginel Loeb, founder and CEO of hedge fund Third Point seen here in 2017. kansas star casino pokerL&B maintained a stake inCaesars was one of three positions Third Point ditched in the December quarter. ical 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. seven feathers casino buffet menu

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