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mountaineer casino resort west virginia(Image: Shutterstock)In May, the largest operator of Strip resorts announced it was restoring free parking at all of its Las Vegas properties. Casino Queen is paying .2 million for operating rights. (Image: Storyblocks)The buyer is paying .2 million for the operating rights to the riverboat casino and entering into a sale-leaseback agreement with Gaming and Leisure Properties (GLPI). With the announced deals, the company’s operational exposure shrinks, allowing it to focupeppermill casino west wendover nevadas on its core competency of property management.Digging Deeper Into the DealAs part of the agreement to offload operating rights for the soon-to-be Casino Rouge to Casino Queen, GLPI is becoming the gaming company’s landlord in another location.“GLPI will retain ownership of all real estate assets at Hollywood Casino Baton Rouge (HCBR) and will simultaneously enter into a master lease with Casino Queen, which will include both the DraftKings at Casino Queen (“DKCQ”) property in East St. Nevada Gov. The news arrives just days after GLPI said the venue will be renamed Casino Rouge when it comes ashore in early 2022.GLPI made the announcement in conjunction with a broader series of corporate moves, including the .3 million sale of the operating rights for the Hollywood Casino Perryville in Maryland to Penn National Gaming.GLPI is one of three publicly traded gaming real estate investment trusts (REITs) in the US. las atlantis casino online reviews