2024.07.18
coushatta casino in texasObviously, that was before COVID-19, and the pandemic is altering the dynamics of large-scale real estate transactions.Scaling Down in Las VegasPennsylvania-based GLP owns the real estate of 45 casinos across the US and operates two itself. 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. That means the price the REIT could fetch for Tropicana today would likely be far lower than what it can command after the virus is vanquished and Las Vegas recovers. no deposit bonus bitcoin casino usain domestic liquidity as of Sept. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. 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. roulette casino download wild casino australiaaliante casino employmentThird, there’s the lack of legitimate offers.“So, there’s been a lot of activity, but time aliante casino promotionswill tell. But they’re much too volatile for our case.”“I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. club player casino reviewsPenn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. Obviously, that was before COVID-19, and the pandemic is altering the dynamics of large-scale real estate transactions.Scaling Down in Las VegasPennsylvania-based GLP owns the real estate of 45 casinos across the US and operates two itself. casino near me age requirement pechanga casino food courtfree slot machines vegasSeveral of the country’s largest gaming companies heeded the call. Third, there’s the lack of legitimate offers.“So, there’s been a lot of activity, but time aliante casino promotionswill tell. But whether those flirtations result in credible offers for the iconic venue remains to be seen. Those aren’t going to fly. Several of the country’s largest gaming companies heeded the call. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. luckyland casino website seven feathers casino poker room |