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boomtown casino winnersUnder her leadership, the casino was able to turn financially sound. Under her leadership, the casino was able to turn financially sound. The latter was previously a suitor for rival Crown Resorts, which also landed in hot regulatory waters. seneca niagara casino app“Terry joined Ocean on the brink of bankruptcy, and is leaving the property as a leading casino resort in Atlantic City.”Future UnknownOcean Casino did not specify a reason for Glebocki’s departure. Under her leadership, the casino was able to turn financially sound. Under her leadership, the casino was able to turn financially sound. casino mgm 999

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doubledown casino one million codes“Terry joined Ocean on the brink of bankruptcy, and is leaving the property as a leading casino resort in Atlantic City.”Future UnknownOcean Casino did not specify a reason for Glebocki’s departure. Star Entertainment’s Star Sydney. Private equity behemoth Blackstone (NYSE:BX) is rumored to be mulling a sale-leaseback transaction involving Star Entertainment Group’s the Star Sydney integrated resort. tachi palace casino bus scheduleThe gaming industry veteran announced her surprise resignation earlier today, October 11. 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. Ocean Casino Resort CEO Terry Glebocki has left the boardwalk building. online casino no deposit bonus paypal

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roulette table casino roulette tableOne thing is for cfoxwoods resort casino ownerertain, Star’s new regulatory controversy notwithstanding, analysts like the idea of the company monetizing its Sydney integrated resort.“We estimate the sale and leaseback of the Sydney casino could generate .25 a share of incremental value, assuming a 5 per cent cap rate, a premium to US REITs given the market position of Australian casinos,” according to a note from E&P Financial Group cited by The Australian.It’s also unclear whether Glebocki will remain as the president of the Casino Association of New Jersey (CANJ), a post she was appointed to only in May.Prior to joining Ocean Casino, Glebocki served as finance chief of the very same casino resorThe Atlantic City gaming property announced this morning that Glebocki has resigned, and her departure is effective immediately. Blackstone is rumored to be considering a sale-leaseback of the venue. In July, the private equity giant announced the purchase of Aria and Vdara on the Strip, and that those venues are being leased back to MGM.Even with the recently announced sale of the Cosmopolitan to MGM, Blackstone remains one of the largest landlords on the Strip.Another Reason Blackstone/Star Partnership Makes SenseThere’s another angle to a possible Blackstone/Star collaboration. 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. slot heart casino

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