2024.07.19
seminole casino win lob statement“We think we own enough of Las Vegas to be open about it. Analysts expected a per share loss of .06 on turnover of .30 billion. to GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. doubledown casino download for pcThere’s ample interest among potential buyers for the Tropicana Las Vegas. But he added that MGM isn’t looking to buy those venues.ut there’s still work to be done. call sycuan casino and resort fanduel casino virginiawinstar world casino gym30, 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 for now, we just love the safety and security of the liquidity.”Hornbuckle noted that it’d be a positive if Las Vegas Sands (NYSE:LVS) disposes of its Nevadascarlet pearl casino mibibippi assets at the rumored billion price point, particularly if a less-able competitor enters the market. That means the price the REIT could fetch for Tropicana today would likely island view casino resort gulfport mibibippiThat scenario came about following a transaction earlier this year. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. Tropicana Las Vegas, seen here. us casino online no deposit bonus cashman casino vegas slot gamekansas star casino blackjackBut 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 scarlet pearl casino mibibippiaffairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. But he added that MGM isn’t looking to buy those venues.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. to GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. But whether those flirtations result in credible offers for the iconic venue remains to be seen. Analysts expected a per share loss of .06 on turnover of .30 billion. draftkings casino match poker casino cosmopol |