đa ga live casino 67There’s ample interest among potential buyers for the Tropicana Las Vegas. There’s ample interest among potential buyers for the Tropicana Las Vegas. 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 ouroulette casino vegast late Thursday.He rates MGM stock “hold,” with a price target, implying modest upside from the Oct. doubledown casino free slots(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. There’s ample interest among potential buyers for the Tropicana Las Vegas. Tropicana Las Vegas, seen here. kansas star casino map

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black oak casino marketingThat scenario came about following a transaction 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. ut there’s still work to be done. pechanga casino sports bar(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. ut there’s still work to be done. lucky creek casino no deposit bonus codes 2020

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the mountaineer casino hotelBut he added that MGM isn’t looking to buy those venues.Tropicana Las Vegas, seen here. It’s still for sale, but owner GLP isn’t in a rush to sell. “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. That’s something MGM is executing in significant fashion, with executives saying the operator found 0 million in reductions, which it expects will remain permanent even as business gradually returns to normal.Following a recent debt sale, MGM had .50 billion in domestic liquidity as of Sept. mountaineer casino mask policy