2024.07.20
little river casino muskegon“We think we own enough of Las Vegas to be open about it. But they’re much too volatile for our case.”Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. morongo casino traffic update(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. “As I say, there are a lot of wing and a prayer kind of offers that we have gotten. zodiac live casino seneca casino niagara falls n.yblack oak casino senior day(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. Several well-known casino brands have told Chicago officials what they would seek in building a resort in the Windy City. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. seneca niagara casino buffalo new yorkBut it’s taking a pragmatic approach to making a deal.We had more than 18 non-disclosure agreements out,” said GLP CEO Peter Carlino on a conference call with analysts and investors earlier this week. We’re not overly focused on M&A, particularly here in Las Vegas,” he said. But for now, we just love the safety and security of the liquidity.”Hornbuckle noted that it’d be a positive if Las Vegas Sands (NYSE:LVS) disposes of its Nevada assets at the rumored billion price point, particularly if a less-able competitor enters the market. w casino las vegas is the atlantis casino openluckyland casino download for androidBut 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. (Image: AP)MGM Resorts, Wynn Resorts, Hard Rock Intsanta ana casino bernalillo nmernational, and Chicago-based Rush Street Gaming are among the casino operators that replied to the RFI. 30, excluding stakes in MGM China and MGM Growth Properties.Not Focusing on M&AWhile consolidation is brisk in the gaming industry these days and Strip venues are up for sale, presumably at lower prices than were available pre-pandemic, Hornbuckle said acquisitions aren’t a priority for the company today.“And look, we’ll be opportunistic. There’s ample interest among potential buyers for the Tropicana Las Vegas. But whether those flirtations result in credible offers for the iconic venue remains to be seen. Only Rush is currently operating a casino in Illinois, its Rivers Casino in Des Plaines.The RFI asked the casino heavyweights a series of questions on what their integrated resort (IR) might look like should they be awarded the lone downtown gaming license. roulette minimum bet s p casino and gaming index |