2024.07.18
thunder valley casino mattrebSeveral well-known casino brands have told Chicago officials what they would seek in building a resort in the Windy City. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. where is sycuan casino locatedThere’s ample interest among potential buyers for the Tropicana Las Vegas. “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 affairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. big dollar casino free play riversweeps online casino 777encore casino covid vaccineTerrific. Tropicana Las Vegas, seen here. 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. online gambling real moneyOnly Rush is currently operating a casino in Illinois, its Rivers Casino in Des Plaines.The RFI asked the casino heavyweights a series of questions on what their integrated resort (IR) might look like should they be awarded the lone downtown gaming license. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. cashman casino game drake casino free spins codecasino miamiThat means the price the REIT could fetch for Tropicana today would likely be far lower than what it can command after the virus is vanquished and Las Vegas recovers. 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. 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. But he added that MGM isn’t looking to buy those venues.The companies were asked what sort of minimum acreage would be needed, what an ideal location would offer, how the city’s existing Only Rush is currently operating a casino in Illinois, its Rivers Casino in Des Plaines.The RFI asked the casino heavyweights a series of questions on what their integrated resort (IR) might look like should they be awarded the lone downtown gaming license. island view casino near biloxi ms all poker winning hands |