2024.07.18
when is seneca niagara casino opening back up“We think we own enough of Las Vegas to be open about it. Tropicana Las Vegas, seen here. Tropicana Las Vegas, seen here. chumba casino envelopesIt’s still for sale, but owner GLP isn’t in a rush to sell. 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. But 2020 is anything but normal, and with a COVID-19 vaccine still months away, the gaming company remains vulnerable to sluggish business traffic and tourists’ reluctance to fly to destination markets.“With no signs that the group/convention business will be recovering anytime soon, we would prefer to stay on the sidelines,” said Stifel analyst Steven Wieczynski in a note ouwhere is cool cat casino locatedt late Thursday.He rates MGM stock “hold,” with a price target, implying modest upside from the Oct. viejas casino in san diego wild casino no depositwhen is four winds casino opening upWe’re not overly focused on M&A, particularly here in Las Vegas,” he said. Additionally, the pandemic forced gaming companies to reach for cost savings. 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. youtube free slots“We think we own enough of Las Vegas to be open about it. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. That scenario came about following a transaction earlier this year. hard rock casino and hotel wheatland ca 95692 winstar world casino new years evemovie theater at sunset station casino30, 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. It’s still for sale, but owner GLP isn’t in a rush to sell. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. That scenario came about following a transaction earlier this year. There’s ample interest among potential buyers for the Tropicana Las Vegas. 5 mgm casino chip seneca niagara casino app |