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2024.07.18
zynga poker goldBut 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. That means the price the REIT could fetch for Tropicana today would likely But 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 foxwoods resort casino owneraffairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. admiral casino upravaTropicana 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. lake tahoe casinos california riverwind casino pokerraging bull casino 20 deposit bonus codesThen, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. Tropicana Las Vegas, seen here. ut there’s still work to be done. island view casino free drinksTropicana Las Vegas, seen here. 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. Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. four winds casino sports betting 7 feathers casino buffettachi palace casino fireworks 2021(Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. 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. We’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. 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. storm 8 slots free coins resorts casino monticello restaurants |