wild horse casino in arizona(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. “We think we own enough of Las Vegas to be open about it. There’s ample interest among potential buyers for the Tropicana Las Vegas. table de roulette casino a vendre“I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. But he added that MGM isn’t looking to buy those venues.(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. fanduel casino ipad

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little river casino green shades“We think we own enough of Las Vegas to be open about it. There’s ample interest among potential buyers for the Tropicana Las Vegas. That scenario came about following a transaction earlier this year. golden nugget casino rewards30, 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. But whether those flirtations result in credible offers for the iconic venue remains to be seen. But 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. hollywood casino st louis

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slot machine gambling problemWe’re not overly focused on M&A, particularly here in Las Vegas,” he said. Additionally, the pandemic forced gaming companies to reach for cost savings. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. ut there’s still work to be done. 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 ouroulette casino vegast late Thursday.He rates MGM stock “hold,” with a price target, implying modest upside from the Oct. to GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. downstream casino outdoor venue seating chart