2 card poker winning hands(Image: TripAdvisor)In September, the City of Chicago sent out a Request for Information (RFI) regarding its IR project to casino operators. By virtue of its relationship with MGM, the REIT is levered to trends in Las Vegas, where it owns the real estate of all MGM-operated venues aside from Bellagio.Other Ways to Raise Cash, if NeededShould MGM need to raise more capital, it has other avenues in addition to its remaining 53 percedownload hard rock casinont interest in MGP.The Excalibur operator owns all assets associated with MGM Springfield in Massachusetts, half of CityCenter in Las Vegas, and 56 percent of MGM China. Another notable RFI submission came from MGM Growth Properties, the real estate investment trust of MGM Resorts.Casino’s Wishlist Before Chicago issues its formal Request fscarlet pearl casino news(Image: Pinterest)The Mandalay Bay operator made the announcement after the close of US markets Wednesday, noting it plans to use the 0 million influx of capital “for general corporate purposes.” The REIT and the gaming company had a previous deal in place in which the latter could redeem .4 billion of the equity it owns in the former. But some analysts and investors speculate the company could be better off with more independence and less oversight from MGM.The Mirage operator is MGP’s only tenant, while rival gaming REITs have multiple clients, giving those competitors more rental income diversification. Chicago Mayor Lori Lightfoot (D) revealed the results this week, and one thing is for certain — a downtown gaming and resort destination would yield the most interest.Eleven companies invested in the gaming industry submitted RFI responses. turtle creek casino traverse

hard rock casino venue

mohegan sun casino sports bookMGM Resorts International (NYSE:MGM) raised 0 million in the second sale of units in gaming real estate investment trust (REIT) MGM Growth Properties (NYSE:MGP). MGP funded the transaction with proceeds in an 0 million June debt sale.With the .4 billion agreement complete, MGM’s interest in the real estate company falls to 53 percent from 56.7 percent following the May 0 million sale.That’s actually a positive for MGP. Broadly speaking, Wall Street likes the REIT. jamul casino sd.comThe stock will trade on the Nasdaq under the ticker “GNOG.”Two did not answer tdownload hard rock casinohe location question.Chicago isn’t disclosing which companies specified where they would most be interested in building a casino resort.Along with MGM, Wynn, and Hard Rock, Chicago-based Rush Street Gaming also responded to the RFI. Bellagio and the Bay State venue are the only real estate pieces in MGM’s domestic portfolio not owned by MGP.As for the REIT, it remains to be seen what its next corporate move is. mgm grand casino open

bicycle casino los angeles california

bellagio casino picturesCasinos want the Chicago casino resort to be built in a popular downtown area, one possibility being near Millennium Park. gaming and Landry’s restaurant businesses.Those discussions are in the early innings, and it’s not immediately clear if Fertitta goes the blank-check route with that deal. Rush owns and operates Rivers-branded casinos in Illinois, New York, and Pennsylvania. The Mirage on the Las Vegas Strip. But last month, reports surfaced that MGP could make a run at buying the Venetian, Palazzo, and Sands Convention Center from Las Vegas Sands if the landlord can find a credible operator partner.Rush owns and operates Rivers-branded casinos in Illinois, New York, and Pennsylvania. peppermill casino in reno