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drake casino tournamentThe 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. No reason was given for the cantina’s upcoming closure. Through these agreements, a gaming company can monetize land assets, often garnering large, upfront sums of cash to use for anything, including more acquisitions, shareholder rewards, such as buybacks and dividenred stag casino sisterds, or to reduce debt.Likewise, the real estate firm that leases the land back to the operator gets the benefit of long-term tenant agreements that often include gradually increasing rates without having to be financially responsible for building enhancements.Blackstone Logical Partner for StarFor now, Blackstone’s possible involvement in a sale-leaseback for Star Sydney remains a point of speculation, not confirmation. big dollar casino promotionsMGM Resorts said in a statement that after the cantina closes the space will be used for “a new food and beverage concept” to be opened in the winter. 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. Hecho en Vegas Mexican Grill & Cantina inside the MGM Grand near the Grand Garden Arena is closing in November. blackjack online money

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captain jack casino australiaThe New York Rao’s, with only a handful of tables and booths, is considered one of the most difficult restaurants in the country to secure a reservation. A Clark County demolition permit has been filed to make room for a Martha Stewart restaurant inside the hotel-casino. Rao’s Ends 15-Year RunThis is the second announcement in recent days about a longtime restaurant at a Strip hotel-casino going out of business soon.On Nov. Blackstone is rumored to be considering a sale-leaseback of the venue. 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. The slide in Star Entertainment stock led to 0 million in evaporated market capitalization.Regarding the Star Sydney, the operator sees an avenue to create value for shareholders by potentially selling a majority stake in the .68 billion venue and leasing back the remainder. kronos downstream casino