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1d ago
Arizona's state pension trimmed its Las Vegas Sands position by 19% last quarter, and the filing landed like it was news. It wasn't. But what's happening underneath LVS right now actually is worth decomposing.
Monarch Casino's CEO sold 3,000 shares worth $295,430 while sitting on 6.67 million in option grants and 3 million in direct and indirect shares. The sale is noise, but the Q4 earnings miss underneath it is worth a closer look.
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