2024.07.17
mohegan sun casino square footage(Image: AP)MGM Resorts, Wynn Resorts, Hard Rock Intsanta ana casino bernalillo nmernational, and Chicago-based Rush Street Gaming are among the casino operators that replied to the RFI. It’s still for sale, but owner GLP isn’t in a rush to sell. “Love those assets. little river casino facebookObviously, 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. “As I say, there are a lot of wing and a prayer kind of offers that we have gotten. 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. free slot machines australia call valley forge casinohard rock casino lake tahoe blackjackTropicana Las Vegas, seen here. Downtown Chicago is seen here. But he added that MGM isn’t looking to buy those venues.online casino no deposit signup bonusSeveral of the country’s largest gaming companies heeded the call. 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. Those aren’t going to fly. casino near me yonkers ny four winds casino and hotelip casino resort spaTropicana Las Vegas, seen here. (Image: AP)MGM Resorts, Wynn Resorts, Hard Rock Intsanta ana casino bernalillo nmernational, and Chicago-based Rush Street Gaming are among the casino operators that replied to the RFI. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at. It’s still for sale, but owner GLP isn’t in a rush to sell. Those aren’t going to fly. harrah s casino valley center california royal ace casino no deposit bonus |