2024.07.19
casino free slots games egt(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. “I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. ut there’s still work to be done. seneca niagara casino new years eve 2020Tropicana Las Vegas, seen here. It’s still for sale, but owner GLP isn’t in a rush to sell. That means the price the REIT could fetch for Tropicana today would likely golden palace hotel casino boomtown casino diningriverwind casino gift cards30, 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. 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 Nevadablackjack 21 online casino assets at the rumored billion price point, particularly if a less-able competitor enters the market. There’s ample interest among potential buyers for the Tropicana Las Vegas. free online poker gamblingBut it’s taking a pragmatic approach to making a deal.We had more than 18 non-disclosure agreements out,” said GLP CEO Peter Carlino on a conference call with analysts and investors earlier this week. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. We’re not overly focused on M&A, particularly here in Las Vegas,” he said. blackjack online cheat mgm grand casino wikiroulette casino bruxellesBut he added that MGM isn’t looking to buy those venues.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. Analysts expected a per share loss of .06 on turnover of .30 billion. It’s still for sale, but owner GLP isn’t in a rush to sell. 29 close of .29.On the bright side, all of the company’s Strip venues are reopened and generated positive earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) during September. There’s ample interest among potential buyers for the Tropicana Las Vegas. seminole casino immokalee concerts twin river casino online betting |