2024.07.18
5 blackjack online(Image: Zimbio)A group of Bernstein analysts recently met with MGM CFO Sanders in Las Vegas. Recently, a team of Fitch Ratings aliante casino table gamesanalysts that visited the Land of Rising Sun came away saying they believed operators would need to spend billion to billion to build gaming properties there, up from a prior estimate of billion at the high end.While MGM faces competitors in its Osaka effort, other rivals, such as Las Vegas Sands and Melco Resorts, recently said they are abandoning plans for that city to focus on Yokohama.Other PrioritiesBeyond Japan, MGM has other priorities, including deleveraging, according to the Bernstein analysts. The company is reportedly in talks to sell the Bellagio and MGM Grand on the Las Vegas Strip to private equity firm Blackstone, and the Circus Circus to real estate investor Phil Ruffin. fanduel casino miThey should not get hit with hidden fees that are designed to coThe shares currently yield 1.88 percent.MGM would leaseback Bellagio and MGM Grand from Blackstone.Combined, sales of those three assets could command around billion on a pre-tax basis, proceeds that would help the company reduce a debt burden that stood at .8 billion at the end of the second quarter.Bernstein also noted that management is prioritizing growing its dividend over repurchasing stock. chukchansi casino incident borgata online casino customer serviceare the lake tahoe casinos openResort fees are unavoidable in Las Vegas, but two federal lawmakers want the add-on charges included in the original price. Statistics for August haven’t yet been published.Sportsbooks Win BigLas Vegas Strip oddsmakers fared extremely well in August thanks to football. The company told Bernstein analysts it can wrap up the project by 2025 if it wins wins one of Japan’s three licenses. online foxwoods loginResort fees are unavoidable in Las Vegas, but two federal lawmakers want the add-on charges included in the original price. The shares currently yield 1.88 percent.Brian Sandoval’s efforts to help MGM win a Japan gaming license could result in the company breaking ground in two years if it’s a winning bidder. no deposit bonus casino usa thunder valley casino reopen updategolden nugget casino gold nuggetMGM would leaseback Bellagio and MGM Grand from Blackstone.Combined, sales of those three assets could command around billion on a pre-tax basis, proceeds that would help the company reduce a debt burden that stood at .8 billion at the end of the second quarter.Bernstein also noted that management is prioritizing growing its dividend over repurchasing stock. Oddsmakers scored a touchdown on football, with the sport accounting for .6 million. “MGM believes its strong local partnership with Orix Corp will give… an edge over… competitors.”There are three gaming licenses up for grabs in Japan. The sportsbooks kept more than .6 million, a whopping 111 percent jump.Statewide, sports revenue totaled .7 million (+48.7 percent). The company told Bernstein analysts it can wrap up the project by 2025 if it wins wins one of Japan’s three licenses. Brian Sandoval’s efforts to help MGM win a Japan gaming license could result in the company breaking ground in two years if it’s a winning bidder. gold coast casino fitneb center las atlantis casino login |