2024.07.17
scarlet pearl casino biloxi mibibippi phone numberThere’s ample interest among potential buyers for the Tropicana Las Vegas. But he added that MGM isn’t looking to buy those venues.(Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. mountaineer casino birthday promotionsIt’s still for sale, but owner GLP isn’t in a rush to sell. to GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. (Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. peppermill casino blackjack phone number for seven feathers casino in oregonseneca niagara casino buffet“We think we own enough of Las Vegas to be open about it. But we’ve been surprised by the activity.”The leader of the gaming real estate investment trust (REIT) adds his company would like “to reach a transaction as early as we plausibly can,” but adds GLP is comfortable with the current state of foxwoods resort casino owneraffairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. 29 close of .29.On the bright side, all of the company’s Strip venues are reopened and generated positive earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) during September. paragon casino locationThat’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. Analysts expected a per share loss of .06 on turnover of .30 billion. “We think we own enough of Las Vegas to be open about it. las atlantis casino no deposit promo codes boomtown casino phone numberwild horse pab casino transportation(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. Tropicana Las Vegas, seen here. “We think we own enough of Las Vegas to be open about it. (Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. But it’s taking a pragmatic approach to making a deal.We had more than 18 non-disclosure agreements out,” said GLP CEO Peter Carlino on a conference call with analysts and investors earlier this week. But 2020 is anything but normal, and with a COVID-19 vaccine still months away, the gaming company remains vulnerable to sluggish business traffic and tourists’ reluctance to fly to destination markets.“With no signs that the group/convention business will be recovering anytime soon, we would prefer to stay on the sidelines,” said Stifel analyst Steven Wieczynski in a note oufoxwoods resort casino ownert late Thursday.He rates MGM stock “hold,” with a price target, implying modest upside from the Oct. thunder valley casino website how long for jackpot city withdrawal |