2024.07.17
ruby slots 200 free chip 2021We’re not overly focused on M&A, particularly here in Las Vegas,” he said. 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. in domestic liquidity as of Sept. big fish casino earn chipsIt’s still for sale, but owner GLP isn’t in a rush to sell. There’s ample interest among potential buyers for the Tropicana Las Vegas. “I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. online casino operations manager online casino real money low depositel dorado casino reno reviewsBut 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. But whether those flirtations result in credible offers for the iconic venue remains to be seen. 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. roulette casino numeroThen, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. “Love those assets. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. brian christopher slots july 2020 table games casino niagaradesert diamond casino hotelto GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. We’re under no pressure.”Rumors about the fate of Tropicana are about a year old, and in October 2019, some analysts speculated a sale of the venue could be worth up to 0 million. Several of the country’s largest gaming companies heeded the call. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. “We think we own enough of Las Vegas to be open about it. sam s town casino kc four winds casino employees |