mohegan sun casino no deposit bonus“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 affairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. Third, there’s the lack of legitimate offers.“So, there’s been a lot of activity, but time aliante casino promotionswill tell. free slots 9 6There’s ample interest among potential buyers for the Tropicana Las Vegas. Terrific. But he added that MGM isn’t looking to buy those venues.free slots apps

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online blackjack delawareThat means the price the REIT could fetch for Tropicana today would likely be far lower than what it can command after the virus is vanquished and Las Vegas recovers. Obviously, that was before COVID-19, and the pandemic is altering the dynamics of large-scale real estate transactions.Scaling Down in Las VegasPennsylvania-based GLP owns the real estate of 45 casinos across the US and operates two itself. Those aren’t going to fly. downstream casino jacuzzi roomWe’re not overly focused on M&A, particularly here in Las Vegas,” he said. That scenario came about following a traliante casino promotionsansaction earlier this year. One is a pair of Hollywood venues, one in Louisiana, and the other in Maryland.Of that roster, the REIT has just three venues in Southern Nevada, including Tropicana, and its preference is for regional markets, not the Silver State.“And I think most of you know that we’ve made the case for years, that the real safety and stability is out in the hinterlands, not on the Strip,” said Carlino. peppermill casino news

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sam s town casino las vegas phone numberThird, there’s the lack of legitimate offers.“So, there’s been a lot of activity, but time aliante casino promotionswill tell. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. Terrific. Terrific. Only Rush is currently operating a casino in Illinois, its Rivers Casino in Des Plaines.The RFI asked the casino heavyweights a series of questions on what their integrated resort (IR) might look like should they be awarded the lone downtown gaming license. 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. gold coast casino weddings