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live casino khimIt’s also unclear whether Glebocki will remain as the president of the Casino Association of New Jersey (CANJ), a post she was appointed to only in May.Prior to joining Ocean Casino, Glebocki served as finance chief of the very same casino resor“Terry joined Ocean on the brink of bankruptcy, and is leaving the property as a leading casino resort in Atlantic City.”Future UnknownOcean Casino did not specify a reason for Glebocki’s departure. Private equity behemoth Blackstone (NYSE:BX) is rumored to be mulling a sale-leaseback transaction involving Star Entertainment Group’s the Star Sydney integrated resort. mohegan sun earth casino(Image: News.Com.Au)That rumor surfaced prior to today’s tumble in shares of the Australian casino operator amid allegations that it facilitated money laundering at its Sydney and Gold Coast. However, the private equity firm has an established track record of involvement in gaming SLBs.In 2019, Blackstone acquired the property assets of the Bellagio on the Las Vegas Strip and leased that venue back to MGM Resorts International. Under her leadership, the casino was able to turn financially sound. mgm grand casino gun harrah s cherokee casino murphy nc jobshard rock hotel casino 8a(Image: LinkedIn/Casino.org)Ocean Casino unveiled the news to gaming media outlets with a brief statement.We wish to inform you that Terry Glebocki has resigned from her position from Ocean Casino Resort. Sale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. Star Entertainment’s Star Sydney. hollywood casino tinley parkThe company could be looking to sell a 51 percent interest in the property while retaining 49 percent.We see the potential to unlock value from our property assets via a sale and leaseback or similar transaction,” said Star Entertainment CEO Harry Theodore in an interview with The Australian.Credit Suisse is working on sale-leaseback leads for the gaming company. (Image: News.Com.Au)That rumor surfaced prior to today’s tumble in shares of the Australian casino operator amid allegations that it facilitated money laundering at its Sydney and Gold Coast. The gaming industry veteran announced her surprise resignation earlier today, October 11. twin river casino covid 19 testing live casino baltimore mdblack hawk first casinoIn July, the private equity giant announced the purchase of Aria and Vdara on the Strip, and that those venues are being leased back to MGM.Even with the recently announced sale of the Cosmopolitan to MGM, Blackstone remains one of the largest landlords on the Strip.Another Reason Blackstone/Star Partnership Makes SenseThere’s another angle to a possible Blackstone/Star collaboration. (Image: News.Com.Au)That rumor surfaced prior to today’s tumble in shares of the Australian casino operator amid allegations that it facilitated money laundering at its Sydney and Gold Coast. However, the private equity firm has an established track record of involvement in gaming SLBs.In 2019, Blackstone acquired the property assets of the Bellagio on the Las Vegas Strip and leased that venue back to MGM Resorts International. In July, the private equity giant announced the purchase of Aria and Vdara on the Strip, and that those venues are being leased back to MGM.Even with the recently announced sale of the Cosmopolitan to MGM, Blackstone remains one of the largest landlords on the Strip.Another Reason Blackstone/Star Partnership Makes SenseThere’s another angle to a possible Blackstone/Star collaboration. In July, the private equity giant announced the purchase of Aria and Vdara on the Strip, and that those venues are being leased back to MGM.Even with the recently announced sale of the Cosmopolitan to MGM, Blackstone remains one of the largest landlords on the Strip.Another Reason Blackstone/Star Partnership Makes SenseThere’s another angle to a possible Blackstone/Star collaboration. The company could be looking to sell a 51 percent interest in the property while retaining 49 percent.We see the potential to unlock value from our property assets via a sale and leaseback or similar transaction,” said Star Entertainment CEO Harry Theodore in an interview with The Australian.Credit Suisse is working on sale-leaseback leads for the gaming company. clearwater casino bar kansas star casino age limit |