2024.07.17
chris daughtry seven feathers casinoBut 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. in domestic liquidity as of Sept. free online slots sky riderThat 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. 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. sycuan casino day pab caesar casino londonholland casino online poker downloadin domestic liquidity as of Sept. 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. Tropicana Las Vegas, seen here. santa ana casino twitterBut they’re much too volatile for our case.”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. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. sam s town casino and hotel seneca niagara casino veterans daykings of chaos seven feathers casino“I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. 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. (Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. One is a pair of Hollywood venues, one in Louisiana, and the other in Maryland.Of that roster, the REIT has just three venues in Southern Nevada, including Tropicana, and its preference is for regional markets, not the Silver State.“And I think most of you know that we’ve made the case for years, that the real safety and stability is out in the hinterlands, not on the Strip,” said Carlino. is mgm casino detroit open today seminole casino phone number |