2024.07.18
sunset station casino in henderson nevadaWe’ll see,” said Carlino. 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. Chicago Mayor Lori Lightfoot (D) sent out a request for information (RFI) in early September for her city’s casino integrated resort. online casino m platba 2020One 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. Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. Those aren’t going to fly. reno nugget casino resort yelp jamul casinofree slot games by ballyto GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling 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. Several of the country’s largest gaming companies heeded the call. seven feathers casino diningBut 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. The companies were asked what sort of minimum acreage would be needed, what an ideal location would offer, how the city’s existing Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. hard rock casino hotel oxford casino saturday jackpotblack lotus casino no deposit codeOne 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. 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. We’ll see,” said Carlino. 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. “I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. 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. hollywood casino kck free online slots games for fun no download |