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casinos new jerseyMGM Resorts said in a statement that after the cantina closes the space will be used for “a new food and beverage concept” to be opened in the winter. 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. The restaurant opened in 2013. foxwoods resort casino mabachusetts(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. . Star Entertainment’s Star Sydney. big dollar casino welcome bonus admiral casino hounslowpalace station casino buffetThe 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. The MGM Grand is on the east side of the resort corridor near McCarran International Airport. The MGM Grand is on the east side of the resort corridor near McCarran International Airport. mohegan sun casino no deposit bonus codesHowever, the private equity firm has an established track record of invoA Clark County demolition permit has been filed to make room for a Martha Stewart restaurant inside the hotel-casino. Blackstone is rumored to be considering a sale-leaseback of the venue. viejas casino outlets stores river spirit casino expansionk casino mainzRao’s owners hinted they are planning to open another restaurant in the Las Vegas Valley.“While our future in Las Vegas is not yet decided, we are very excited about the possibilities of what lies ahead,” the owners said in a statement.The Rao’s at Caesars Palace is the Las Vegas zorro casino slots freebranch of the longtime, famous Rao’s in New York City. No time frame has been given for when this might occur.Stewart, a former Chanel model and stockbroker, was convicted in March 2004 on four counts in a securities fraud investigation, according to CNN. 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 dividenzorro casino slots freeds, 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. No reason was given for the cantina’s upcoming closure. A Clark County demolition permit has been filed to make room for a Martha Stewart restaurant inside the hotel-casino. The 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. harrah s casino northern california ruby slots 200 |