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mohegan sun casino las vegas reviewsHowever, the private equity firm has an established track record of invo(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. 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 dividensoaring eagle casino hero cardds, 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. mohegan sun casino rooms No reason was given for the cantina’s upcoming closure. Private equity behemoth Blackstone (NYSE:BX) is rumored to be mulling a sale-leaseback transaction involving Star Entertainment Group’s the Star Sydney integrated resort. The restaurant opened in 2013. casino 29

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