2024.07.18
coushatta casino table minimums“We think we own enough of Las Vegas to be open about it. (Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. casino zia park(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. That scenario came about following a transaction earlier this year. Tropicana Las Vegas, seen here. casino on long island paragon casino slotsriver spirit casino foodTropicana Las Vegas, seen here. It’s still for sale, but owner GLP isn’t in a rush to sell. But whether those flirtations result in credible offers for the iconic venue remains to be seen. caesar casino njAdditionally, the pandemic forced gaming companies to reach for cost savings. It’s still for sale, but owner GLP isn’t in a rush to sell. “I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. little river casino near me blackjack online single playerfree slots flaming cratesThat means the price the REIT could fetch for Tropicana today would likely That means the price the REIT could fetch for Tropicana today would likely Analysts expected a per share loss of .06 on turnover of .30 billion. 29 close of .29.On the bright side, all of the company’s Strip venues are reopened and generated positive earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) during September. “We think we own enough of Las Vegas to be open about it. 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 where is cool cat casino locatedaffairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. hotels close to chinook winds casino in lincoln city black oak casino to yosemite |