2024.07.19
free slot games house of fun(Image: LinkedIn/Casino.org)Ocean Casino unveiled the news to gaming media outlets with a brief statement.We wish to inform you that Terry Glebocki has resigned from her position from Ocean Casino Resort. A few months later, it took a minority stake in a deal with MGM Growth Properties in the real estate of the MGM Grand and Mandalay Bay. In July, the private equity giant announced the purchase of Aria and Vdara on the Strip, and that those venues are being leased back to MGM.Even with the recently announced sale of the Cosmopolitan to MGM, Blackstone remains one of the largest landlords on the Strip.Another Reason Blackstone/Star Partnership Makes SenseThere’s another angle to a possible Blackstone/Star collaboration. live 888 casino downloadStar Entertainment’s Star Sydney. We thank Terry for her service as chief executive officer since 2019 and wish her well in her future endeavors,” the release stated.Glebocki took the Ocean Casino helms in December of 2019. Glebocki has been credited for saving the boardwalk casino, as it was nearing financial ruin when she arrived.“Glebocki has three decades of financial management experience, which navigated Ocean’s course to fifoxwoods resort casino ownernancial stability,” the casino continued. treasure island resort and casino facebook choctaw casino arcadesilver oak casino free chipHowever, the private equity firm has an established track record of involvement in gaming SLBs.In 2019, Blackstone acquired the property assets of the Bellagio on the Las Vegas Strip and leased that venue back to MGM Resorts International. Under her leadership, the casino was able to turn financially sound. Blackstone is rumored to be considering a sale-leaseback of the venue. mohegan sun casino dealsThe latter was previously a suitor for rival Crown Resorts, which also landed in hot regulatory waters. One thing is for cfoxwoods resort casino ownerertain, Star’s new regulatory controversy notwithstanding, analysts like the idea of the company monetizing its Sydney integrated resort.“We estimate the sale and leaseback of the Sydney casino could generate .25 a share of incremental value, assuming a 5 per cent cap rate, a premium to US REITs given the market position of Australian casinos,” according to a note from E&P Financial Group cited by The Australian.However, the private equity firm has an established track record of involvement in gaming SLBs.In 2019, Blackstone acquired the property assets of the Bellagio on the Las Vegas Strip and leased that venue back to MGM Resorts International. casino 58 long island boomtown casino careersharrah s casino hotel las vegasGlebocki has been credited for saving the boardwalk casino, as it was nearing financial ruin when she arrived.“Glebocki has three decades of financial management experience, which navigated Ocean’s course to fifoxwoods resort casino ownernancial stability,” the casino continued. The gaming industry veteran announced her surprise resignation earlier today, October 11. Sale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. Under her leadership, the casino was able to turn financially sound. 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. Star Entertainment’s Star Sydney. free joker poker slot machines club player casino 100 no deposit bonus codes 2021 |