Major REIT Short Gains HG Vora In 2018, As Hedge Fund Giant Bets On Gambling For 2019Rupert Hargreaves
In the third quarter of last year, Reuters revealed that HG Vora Capital Management, the $4 billion hedge fund managed by Parag Vora, had acquired an interest of 4.9% in US casino operator Caesars Entertainment Corp.
According to sources at the time, the hedge fund was seeking to persuade the casino operated to explore options including divestitures or an outright sale of the company.
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