2024.07.21
winstar world casino resort(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 company could be looking to sell a 51 percent interest in the property while retaining 49 percent.We see the potential to unlock value from our property assets via a sale and leaseback or similar transaction,” said Star Entertainment CEO Harry Theodore in an interview with The Australian.Credit Suisse is working on sale-leaseback leads for the gaming company. 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 dividenisland view casino entertainment scheduleds, 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. harrah s cherokee casino cherokeeMGM Resorts said in a statement that after the cantina closes the space will be used for “a new food and beverage concept” to be opened in the winter. It has traditionally been popular with celebrities, public officials, and athletes.Rao’s now sells its bottled red sauces, also known as “gravy,” in outlets such as Whole Foods and Sam’s Club.Martha Stewart Restaurant ProposedAs these restaurant close, others are slated to open on the Strip.Businesswoman and publisher Martha Stewart appears set to open a restaurant at Paris Las Vegas on the east side of the resort corridor. No reason was given for the cantina’s upcoming closure. is island view casino open today live casino karaokelake tahoe casino promotionsThrough 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 dividenisland view casino entertainment scheduleds, 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. . No reason was given for the cantina’s upcoming closure. hallmark casino bonus codesStar Entertainment’s Star Sydney. 28, Rao’s Italian restaurant at Caesars Palace on the resort corridor is closing after 15 years.The owners did not give a reason for closing the restaurant next month. The restaurant opened in 2013. encore casino everett ma cashman casino lawsuitgolden nugget casino spaThe company could be looking to sell a 51 percent interest in the property while retaining 49 percent.We see the potential to unlock value from our property assets via a sale and leaseback or similar transaction,” said Star Entertainment CEO Harry Theodore in an interview with The Australian.Credit Suisse is working on sale-leaseback leads for the gaming company. 28, Rao’s Italian restaurant at Caesars Palace on the resort corridor is closing after 15 years.The owners did not give a reason for closing the restaurant next month. The company could be looking to sell a 51 percent interest in the property while retaining 49 percent.We see the potential to unlock value from our property assets via a sale and leaseback or similar transaction,” said Star Entertainment CEO Harry Theodore in an interview with The Australian.Credit Suisse is working on sale-leaseback leads for the gaming company. The restaurant opened in 2013. However, the private equity firm has an established track record of invo28, Rao’s Italian restaurant at Caesars Palace on the resort corridor is closing after 15 years.The owners did not give a reason for closing the restaurant next month. coushatta casino fair island resort and casino mobile app |