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mohegan sun pocono casino onlineto GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. But whether those flirtations result in credible offers for the iconic venue remains to be seen. Additionally, the pandemic forced gaming companies to reach for cost savings. golden palace casino moscowThat’s something MGM is executing in significant fashion, with executives saying the operator found 0 million in reductions, which it expects will remain permanent even as business gradually returns to normal.Following a recent debt sale, MGM had .50 billion in domestic liquidity as of Sept. “I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. But whether those flirtations result in credible offers for the iconic venue remains to be seen. free casino slot games with bonus for fun brian christopher slots youtube earningsdownload raging bull casinoIt’s still for sale, but owner GLP isn’t in a rush to sell. That scenario came about following a transaction earlier this year. That scenario came about following a transaction earlier this year. directions valley forge casino30, excluding stakes in MGM China and MGM Growth Properties.Not Focusing on M&AWhile consolidation is brisk in the gaming industry these days and Strip venues are up for sale, presumably at lower prices than were available pre-pandemic, Hornbuckle said acquisitions aren’t a priority for the company today.“And look, we’ll be opportunistic. That’s up from a second-quarter EBITDA loss of 4 million on sales of 1 million.The Strip, where it’s the largest operator, accounts for approximately half of MGM’s EBITDA.All About VegasIn a normal operating environment, MGM’s deep Strip exposure is a plus. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. seneca niagara casino and resort royal ace casino 2020 no deposit bonus codesintertops casino free(Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. That means the price the REIT could fetch for Tropicana today would likely 30, excluding stakes in MGM China and MGM Growth Properties.Not Focusing on M&AWhile consolidation is brisk in the gaming industry these days and Strip venues are up for sale, presumably at lower prices than were available pre-pandemic, Hornbuckle said acquisitions aren’t a priority for the company today.“And look, we’ll be opportunistic. Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. That scenario came about following a transaction earlier this year. “We think we own enough of Las Vegas to be open about it. pechanga casino room rates chumba casino youtube |