mountaineer casino indoor poolRao’s Ends 15-Year RunThis is the second announcement in recent days about a longtime restaurant at a Strip hotel-casino going out of business soon.On Nov. Private equity behemoth Blackstone (NYSE:BX) is rumored to be mulling a sale-leaseback transaction involving Star Entertainment Group’s the Star Sydney integrated resort. Sale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. desert diamond casino hours No reason was given for the cantina’s upcoming closure. Through these agreements, a gaming company can monetize land assets, often garnering large, upfront sums of cash to use for anything, including more acquisitions, shareholder rewards, such as buybacks and dividenred stag casino sisterds, or to reduce debt.Likewise, the real estate firm that leases the land back to the operator gets the benefit of long-term tenant agreements that often include gradually increasing rates without having to be financially responsible for building enhancements.Blackstone Logical Partner for StarFor now, Blackstone’s possible involvement in a sale-leaseback for Star Sydney remains a point of speculation, not confirmation. Blackstone is rumored to be considering a sale-leaseback of the venue. black hawk new casino

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encore casino in boston ma(Image: News.Com.Au)That rumor surfaced prior to today’s tumble in shares of the Australian casino operator amid allegations that it facilitated money laundering at its Sydney and Gold Coast. A Clark County demolition permit has been filed to make room for a Martha Stewart restaurant inside the hotel-casino. Rao’s owners hinted they are planning to open another restaurant in the Las Vegas Valley.“While our future in Las Vegas is not yet decided, we are very excited about the possibilities of what lies ahead,” the owners said in a statement.The Rao’s at Caesars Palace is the Las Vegas red stag casino sisterbranch of the longtime, famous Rao’s in New York City. four winds casino south bend winners(Image: KTNV-TV)MGM Resorts recently announced that Hecho en Vegas Mexican Grill & Cantina at the MGM Grand hotel-casino will close permanently by the beginning of November, according to the Las Vegas Review-Journal. . The New York Rao’s, with only a handful of tables and booths, is considered one of the most difficult restaurants in the country to secure a reservation. is valley forge casino open

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ruby slots payouts. The New York Rao’s, with only a handful of tables and booths, is considered one of the most difficult restaurants in the country to secure a reservation. Blackstone is rumored to be considering a sale-leaseback of the venue. The slide in Star Entertainment stock led to 0 million in evaporated market capitalization.Regarding the Star Sydney, the operator sees an avenue to create value for shareholders by potentially selling a majority stake in the .68 billion venue and leasing back the remainder. Hecho en Vegas Mexican Grill & Cantina inside the MGM Grand near the Grand Garden Arena is closing in November. Hecho en Vegas Mexican Grill & Cantina inside the MGM Grand near the Grand Garden Arena is closing in November. cleo 2 free slots