2024.07.17
black hawk casino busOcean Casino Resort CEO Terry Glebocki has left the boardwalk building. Under her leadership, the casino was able to turn financially sound. Blackstone is rumored to be considering a sale-leaseback of the venue. harrah s casino gift shopThe gaming industry veteran announced her surprise resignation earlier today, October 11. 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. Ocean Casino Resort CEO Terry Glebocki has left the boardwalk building. little river casino jackpot winners viejas casino hotel phone numberfanduel casino legal statesIn 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. (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. 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.sycuan casino el cajon ca 92019A 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. The Atlantic City gaming property announced this morning that Glebocki has resigned, and her departure is effective immediately. (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. seneca niagara casino and spa fanduel casino not workingzynga poker accountThe gaming industry veteran announced her surprise resignation earlier today, October 11. 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.(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. “Terry joined Ocean on the brink of bankruptcy, and is leaving the property as a leading casino resort in Atlantic City.”Future UnknownOcean Casino did not specify a reason for Glebocki’s departure. 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. 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. red stag casino instant coupon 2019 chukchansi casino employment |