2024.07.19
scarlet pearl casino d iberville mibibippiBut they’re much too volatile for our case.”“Love those assets. But whether those flirtations result in credible offers for the iconic venue remains to be seen. d casino hotel roomsThe companies were asked what sort of minimum acreage would be needed, what an ideal location would offer, how the city’s existing “As I say, there are a lot of wing and a prayer kind of offers that we have gotten. We’re under no pressure.”Rumors about the fate of Tropicana are about a year old, and in October 2019, some analysts speculated a sale of the venue could be worth up to 0 million. wild rose casino draftkings bicycle casino restaurantcasino slot jackpot youtubeTropicana Las Vegas, seen here. Obviously, that was before COVID-19, and the pandemic is altering the dynamics of large-scale real estate transactions.Scaling Down in Las VegasPennsylvania-based GLP owns the real estate of 45 casinos across the US and operates two itself. That means the price the REIT could fetch for Tropicana today would likely be far lower than what it can command after the virus is vanquished and Las Vegas recovers. hallmark casino free bonusBut we’ve been surprised by the activity.”The leader of the gaming real estate investment trust (REIT) adds his company would like “to reach a transaction as early as we plausibly can,” but adds GLP is comfortable with the current state of affairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. Terrific. Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. encore casino covid 19 tachi palace casino fireworks 2021wild horse pab casino newsObviously, that was before COVID-19, and the pandemic is altering the dynamics of large-scale real estate transactions.Scaling Down in Las VegasPennsylvania-based GLP owns the real estate of 45 casinos across the US and operates two itself. Downtown Chicago is seen here. Third, there’s the lack of legitimate offers.“So, there’s been a lot of activity, but time santa ana casino bernalillo nmwill tell. There’s ample interest among potential buyers for the Tropicana Las Vegas. But we’ve been surprised by the activity.”The leader of the gaming real estate investment trust (REIT) adds his company would like “to reach a transaction as early as we plausibly can,” but adds GLP is comfortable with the current state of affairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. Several of the country’s largest gaming companies heeded the call. mgm grand casino in las vegas seneca niagara casino events |