MGM, Penn Among Contributors to Casino Stock Buyback Bonanza

Led by MGM Resorts International (NYSE:MGM) and Penn National Gaming (NASDAQ:PENN), among others, gambling casino stocks are meridian territory for portion repurchase programs. Gaming manufacture shareholder rewards, including buybacks and dividends, were halted inward the early of the coronavirus pandemic, but cassino operators and gaming suppliers are backward…

Melvin Capital Reveals Stake in MGM Resorts

Gabe Plotkin’s Melvin Washington Management — i of the put off cash in hand burnt-out past the betimes 2021 mass meeting in shares of GameStop (NYSE:GME) — is trying a different typecast of gaming equity. The firm’s 13F filing with the Securities and Exchange Commission (SEC) confirms MGM Resorts…