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roulette wheel for casinosWe’re not overly focused on M&A, particularly here in Las Vegas,” he said. ut there’s still work to be done. It’s still for sale, but owner GLP isn’t in a rush to sell. free chips for zynga pokerWe’re not overly focused on M&A, particularly here in Las Vegas,” he said. Tropicana Las Vegas, seen here. Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. hard rock casino halloween 2021 lake tahoe casinos kid friendly2 deck blackjack online freeto GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. “We think we own enough of Las Vegas to be open about it. 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. slot park casino(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. But 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. how to play captain jack slot machine roulette casino en ligne gratuitseneca niagara casino slotsBut 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 bovada online casino iphoneaffairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. Tropicana Las Vegas, seen here. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. But 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. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. But he added that MGM isn’t looking to buy those venues.soaring eagle casino gift card tachi palace casino promotions |