2024.07.12
big fish casino appBut 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. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. There’s ample interest among potential buyers for the Tropicana Las Vegas. kansas star casino twitter(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. 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. We’re under no pressure.”Rumors about the fate of Tropicana are about a year old, and in October 2019, some analysts speculated a sale of the venue could be worth up to 0 million. wild jackpots casino wotif gold coast casinogold coast casino dinner and showWe’ll see,” said Carlino. Terrific. in domestic liquidity as of Sept. casino near me now openTerrific. “I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. Downtown Chicago is seen here. how to get free money on chumba casino doubledown casino manual coderoulette casino online bettingWe’ll see,” said Carlino. Downtown Chicago is seen here. One is a pair of Hollywood venues, one in Louisiana, and the other in Maryland.Of that roster, the REIT has just three venues in Southern Nevada, including Tropicana, and its preference is for regional markets, not the Silver State.“And I think most of you know that we’ve made the case for years, that the real safety and stability is out in the hinterlands, not on the Strip,” said Carlino. Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. “As I say, there are a lot of wing and a prayer kind of offers that we have gotten. But it’s taking a pragmatic approach to making a deal.We had more than 18 non-disclosure agreements out,” said GLP CEO Peter Carlino on a conference call with analysts and investors earlier this week. raging bull casino codes no deposit peppermill casino lake tahoe |