turtle lake casino players clubBut they’re much too volatile for our case.”Terrific. 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 affairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. extreme gaming casino“As I say, there are a lot of wing and a prayer kind of offers that we have gotten. “I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. 7 feathers casino jobs

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how to get free chips in billionaire casinoBut whether those flirtations result in credible offers for the iconic venue remains to be seen. That scenario came about following a trsanta ana casino bernalillo nmansaction earlier this year. 30, 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. mount olive casinoWe’re not overly focused on M&A, particularly here in Las Vegas,” he said. That means the price the REIT could fetch for Tropicana today would likely be far lower than what it can command after the virus is vanquished and Las Vegas recovers. Third, there’s the lack of legitimate offers.“So, there’s been a lot of activity, but time santa ana casino bernalillo nmwill tell. gold coast casino beer garden

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lake tahoe casino jobsTerrific. Terrific. “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. “We think we own enough of Las Vegas to be open about it. We’re not overly focused on M&A, particularly here in Las Vegas,” he said. thunder valley casino golf course