777 online gambling(Image: Gambling Insider)New York Post journalist Josh Kosman reports this week that HG Vora Capital — a New York hedge fund known for “rattling the cages of gaming companies” — now owns a 4.9 percent stake in Caesars Entertainment. It additionally controls stakes in MGM Resorts and Penn National Gaming, as well as Penn’s real estate trust arm, Gaming and Leisure Properties.Off Its GameKosman points to Caesars’ recent .7 billion acquisition of Centaur Gaming’s Hoosier Park and Indiana Grand racinos as a perfect example of why Frissora needs to go. Caesars Entertainment CEO Mark Frissora is feeling the heat from unhappy hedge funders who don’t like seeing their bankrolls go down. desert diamond casino hiring eventAnd the investment group is rumored to be pushing for change of leadership for the gaming operator.Longtime Caesars hedge fund owners Apollo Global Management and TPG Capital lebovada casino bonusd the search to replace then-CEO Gary Loveman with former Hertz head Frissora in 2015. Though the CEO said at the close of the purchase that the “acquisition represents an outstanding opportunity to expand our footprint in a growing region,” others said the price was far too high.Investors apparently also aren’t sold on Caesars’ post-bankruptcy plans to expand its brand to nongaming properties in international markets. (Image: Gambling Insider)New York Post journalist Josh Kosman reports this week that HG Vora Capital — a New York hedge fund known for “rattling the cages of gaming companies” — now owns a 4.9 percent stake in Caesars Entertainment. online gambling debt

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