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Hedge Funds

Workers Concerned By Hedge Fund Influence Over Casinos | Raleigh News & Observer

by newsobserver.com posted 3months ago 17 views
Casino workers in Detroit and their union leadership plan to speak before Michigan's Gaming Control Board about the influence hedge funds are having on the industry. Unite Here Local 24 says workers will tell board members Tuesday in Detroit that they are willing to work with gambling regulators to protect jobs and casino tax revenue from neglect by hedge funds or private equity firms seeking short-term returns from casino ownership. Unite Here is the nation's largest casino workers union.

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