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slot casino 42That scenario came about following a traliante casino promotionsansaction earlier this year. 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. It’s still for sale, but owner GLP isn’t in a rush to sell. planet 7 online casino bonus codesThe companies were asked what sort of minimum acreage would be needed, what an ideal location would offer, how the city’s existing But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. is downstream casino open island resort and casino campingdownload cashman slots“I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. Obviously, that was before COVID-19, and the pandemic is altering the dynamics of large-scale real estate transactions.Scaling Down in Las VegasPennsylvania-based GLP owns the real estate of 45 casinos across the US and operates two itself. That 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. island resort and casino openBut he added that MGM isn’t looking to buy those venues.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. mountaineer casino stock downstream casino live musicchumba casino no deposit codesBut he added that MGM isn’t looking to buy those venues.Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. “Love those assets. 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. “We think we own enough of Las Vegas to be open about it. in domestic liquidity as of Sept. seminole casino update big fish casino gold |