2024.07.12
harrah s cherokee casino north carolina“Love those assets. We’re not overly focused on M&A, particularly here in Las Vegas,” he said. “We think we own enough of Las Vegas to be open about it. scarlet pearl casino new years eveThe companies were asked what sort of minimum acreage would be needed, what an ideal location would offer, how the city’s existing We’re not overly focused on M&A, particularly here in Las Vegas,” he said. But they’re much too volatile for our case.”choctaw casino ban list resorts casino entertainmentharrah s casino gift shopBut whether those flirtations result in credible offers for the iconic venue remains to be seen. 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. 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 Nevada assets at the rumored billion price point, particularly if a less-able competitor enters the market. soaring eagle casino dustin lynchBut 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. But whether those flirtations result in credible offers for the iconic venue remains to be seen. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. blackjack casino tips turtle creek casino careerspoker casino in philippinesThat 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. “I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. 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. It’s still for sale, but owner GLP isn’t in a rush to sell. Several of the country’s largest gaming companies heeded the call. 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 Nevada assets at the rumored billion price point, particularly if a less-able competitor enters the market. casino extreme 1000 spins borgata casino war |