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black hawk casino resortHowever, the private equity firm has an established track record of involvement in gaming SLBs.In 2019, Blackstone acquired the property assets of the Bellagio on the Las Vegas Strip and leased that venue back to MGM Resorts International. (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. “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. twin river casino dealer schoolThe Atlantic City gaming property announced this morning that Glebocki has resigned, and her departure is effective immediately. 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 latter was previously a suitor for rival Crown Resorts, which also landed in hot regulatory waters. free online 3 card poker with 6 card bonus draftkings casino depositfour winds casino employmentSale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. The gaming industry veteran announced her surprise resignation earlier today, October 11. 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. free slots casino mobileThe Atlantic City gaming property announced this morning that Glebocki has resigned, and her departure is effective immediately. 22.The Atlantic City gaming property announced this morning that Glebocki has resigned, and her departure is effective immediately. mountaineer casino rewards chukchansi casino hotels nearbybicycle casino poker tournamentsThe gaming industry veteran announced her surprise resignation earlier today, October 11. 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 resorA few months later, it took a minority stake in a deal with MGM Growth Properties in the real estate of the MGM Grand and Mandalay Bay. We thank Terry for her service as chief executive officer since 2019 and wish her well in her future endeavors,” the release stated.Glebocki took the Ocean Casino helms in December of 2019. 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. Sale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. sunset station casino live music roulette at a casino |