2024.07.17
casino philadelphiaWe’re not overly focused on M&A, particularly here in Las Vegas,” he said. There’s ample interest among potential buyers for the Tropicana Las Vegas. It’s still for sale, but owner GLP isn’t in a rush to sell. red stag online casino instant play(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. 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. It’s still for sale, but owner GLP isn’t in a rush to sell. official black bear casino seminole casino fort lauderdale floridagames like lucky creek casinoBut 2020 is anything but normal, and with a COVID-19 vaccine still months away, the gaming company remains vulnerable to sluggish business traffic and tourists’ reluctance to fly to destination markets.“With no signs that the group/convention business will be recovering anytime soon, we would prefer to stay on the sidelines,” said Stifel analyst Steven Wieczynski in a note ouwhere is cool cat casino locatedt late Thursday.He rates MGM stock “hold,” with a price target, implying modest upside from the Oct. (Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. That means the price the REIT could fetch for Tropicana today would likely play casino poker online freeFirst and foremost, Penn National’s financial position is improving, indicating there’s little near- to medium-term risk that the operator will be pinched by its obligations on the venue.Second, the coronavirus pandemic is resulting in depressed pricing on gaming real estate. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. But 2020 is anything but normal, and with a COVID-19 vaccine still months away, the gaming company remains vulnerable to sluggish business traffic and tourists’ reluctance to fly to destination markets.“With no signs that the group/convention business will be recovering anytime soon, we would prefer to stay on the sidelines,” said Stifel analyst Steven Wieczynski in a note ouwhere is cool cat casino locatedt late Thursday.He rates MGM stock “hold,” with a price target, implying modest upside from the Oct. blackjack online ny borgata casino newswild horse pab casino gift card(Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. ut there’s still work to be done. ut there’s still work to be done. That means the price the REIT could fetch for Tropicana today would likely Additionally, the pandemic forced gaming companies to reach for cost savings. Additionally, the pandemic forced gaming companies to reach for cost savings. island resort and casino menu 24 casino near me |