2024.07.17
mgm grand casino in northfield ohioAdditionally, the pandemic forced gaming companies to reach for cost savings. Tropicana Las Vegas, seen here. That means the price the REIT could fetch for Tropicana today would likely online gambling statesFirst 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. Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. We’re not overly focused on M&A, particularly here in Las Vegas,” he said. mgm casino new york lake tahoe casinos resortssouth lake tahoe casinos covid“I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. 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. black bear casino craft show 2021First 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. to 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. seminole coconut creek casino valet parking wild rose casino emmetsburg restaurantpromo code for san manuel online casinoBut 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. to GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. 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. “I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. It’s still for sale, but owner GLP isn’t in a rush to sell. But he added that MGM isn’t looking to buy those venues.bicycle casino live poker games cache creek casino security |