royal ace casino sign inHecho en Vegas Mexican Grill & Cantina inside the MGM Grand near the Grand Garden Arena is closing in November. (Image: News.Com.Au)That rumor surfaced prior to today’s tumble in shares of the Australian casino operator amid allegations that it facilitated money laundering at its Sydney and Gold Coast. (Image: News.Com.Au)That rumor surfaced prior to today’s tumble in shares of the Australian casino operator amid allegations that it facilitated money laundering at its Sydney and Gold Coast. twin river casino blackjackSale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. 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. . slotxo casino

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black hawk casino bus denverRao’s Ends 15-Year RunThis is the second announcement in recent days about a longtime restaurant at a Strip hotel-casino going out of business soon.On Nov. Rao’s owners hinted they are planning to open another restaurant in the Las Vegas Valley.“While our future in Las Vegas is not yet decided, we are very excited about the possibilities of what lies ahead,” the owners said in a statement.The Rao’s at Caesars Palace is the Las Vegas mountaineer casino dreb codebranch of the longtime, famous Rao’s in New York City. It features Sonoran dishes and more than 100 tequilas. luckyland casino playThe restaurant features Louisiana specialties.Walk-On’s is projected to open in Harrah’s Hotel and Casino on the east side of the Strip in earmountaineer casino dreb codely 2022.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 dividenmountaineer casino dreb codeds, 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. Blackstone is rumored to be considering a sale-leaseback of the venue. sunset station casino bowling

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