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owner of golden nugget casino lake charlesBut he added that MGM isn’t looking to buy those venues.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. (Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. black lotus casino free bonus codes(Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. That’s something MGM is executing in significant fashion, with executives saying the operator found 0 million in reductions, which it expects will remain permanent even as business gradually returns to normal.Following a recent debt sale, MGM had .50 billion in domestic liquidity as of Sept. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. 7 spins casino no deposit bonus red stag casino couponstachi palace hotel and casino poolPenn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. First 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. Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. big 5 casino no deposit bonus codes 2021to GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. 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. Tropicana Las Vegas, seen here. drake casino no deposit bonus codes july 2021 the lodge cliff castle casinoresorts world casino job fairBut 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 Nevadascarlet pearl casino mibibippi assets at the rumored billion price point, particularly if a less-able competitor enters the market. “We think we own enough of Las Vegas to be open about it. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. That means the price the REIT could fetch for Tropicana today would likely But he added that MGM isn’t looking to buy those venues.There’s ample interest among potential buyers for the Tropicana Las Vegas. jamulcasino.com free casino slots on ipad |