2024.07.18
hard rock casino lake tahoe map(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. 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. 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. online casino agent hiringThe slide in Star Entertainment stock led to 0 million in evaporated market capitalization.Regarding the Star Sydney, the operator sees an avenue to create value for shareholders by potentially selling a majority stake in the .68 billion venue and leasing back the remainder. 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 dividenisland view casino entertainment scheduleds, 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. (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. is cliff castle casino open now wild horse pab casino showswild horse pab casino promotions(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. No reason was given for the cantina’s upcoming closure. However, the private equity firm has an established track record of invofree online poker blackjackStar Entertainment’s Star Sydney. However, the private equity firm has an established track record of invoSale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. captain jack casino free chip 2021 lucky tiger slots no deposit bonusunderground casino near meThe New York Rao’s, with only a handful of tables and booths, is considered one of the most difficult restaurants in the country to secure a reservation. (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. However, the private equity firm has an established track record of invo(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. 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. 28, Rao’s Italian restaurant at Caesars Palace on the resort corridor is closing after 15 years.The owners did not give a reason for closing the restaurant next month. thunder valley casino buffet number to san manuel casino |