2024.07.18
online gambling draftkingsIt’s still for sale, but owner GLP isn’t in a rush to sell. We’re under no pressure.”Rumors about the fate of Tropicana are about a year old, and in October 2019, some analysts speculated a sale of the venue could be worth up to 0 million. But for now, we just love the safety and security of the liquidity.”Hornbuckle noted that it’d be a positive if Las Vegas Sands (NYSE:LVS) disposes of its Nevada assets at the rumored billion price point, particularly if a less-able competitor enters the market. turtle creek casino old dominionTropicana Las Vegas, seen here. There’s ample interest among potential buyers for the Tropicana Las Vegas. First and foremost, Penn National’s financial position is improving, indicating there’s little near- to medium-term risk that the operator will be pinched by its obligations on the venue.Second, the coronavirus pandemic is resulting in depressed pricing on gaming real estate. blackjack not casino wild casino promopoker casino perth(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. Third, there’s the lack of legitimate offers.“So, there’s been a lot of activity, but time aliante casino promotionswill tell. when will valley forge casino open back upThose aren’t going to fly. We’re not overly focused on M&A, particularly here in Las Vegas,” he said. 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. 0 at the bellagio casino 888roulette casino euroThere’s ample interest among potential buyers for the Tropicana Las Vegas. First and foremost, Penn National’s financial position is improving, indicating there’s little near- to medium-term risk that the operator will be pinched by its obligations on the venue.Second, the coronavirus pandemic is resulting in depressed pricing on gaming real estate. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. But they’re much too volatile for our case.”Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. casino zagreb blackjack harrah s cherokee casino online |