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2024.07.19
aliante casino and spaTropicana 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. casino n.sMGM Resorts, Nevada’s largest employer, announced a reduction to its workforce prior to Gov. 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 flluckyland slots apkow 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. As Casino.org reported last week, more than a dozen MGM Resorts chris janson little river casino doubledown casino freeintertops casino free chip no depositMGM Resorts, Nevada’s largest employer, announced a reduction to its workforce prior to Gov. As a result, states where these industries make up a larger share of employment, such as Florida, Hawaii, and Nevada, will be particularly hard hit,” the EPI said.In Nevada, where two out of every five jobs are in leisure, hospitality, or retail, the state will likely lose 5.3 private of private-sector jobs,” the report concluded.As of January, 355,300 Nevadans were employed in the leisure and hospitality sector. 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 flluckyland slots apkow 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. san manuel online casino bonus codes“To get there, it is paramount to prioritize containment and strength in health systems – everywhere. 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 flluckyland slots apkow 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. 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. big fish casino layoffs mohegan sun casino las vegas nevadabrian christopher slots vegasWorkers generally still don’t have sick leave available to them. Gaming 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. He was buying as gaming stocks were getting hammered by investors because of the COVID-19 outbreak.He was certainly buying low. He recently scooped up 80,000 shares, or million worth of the real estate investment trust (REIT). 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. 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. tachi palace casino fresno ca my choice casino offers |