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island view casino my insiderBut whether those flirtations result in credible offers for the iconic venue remains to be seen. Chicago Mayor Lori Lightfoot (D) sent out a request for information (RFI) in early September for her city’s casino integrated resort. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. cliff castle casino gift card“We think we own enough of Las Vegas to be open about it. 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. black hawk casino hours caesar casino las vegas jobscasino extreme 100 no deposit bonusOnly 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. We’ll see,” said Carlino. Tropicana Las Vegas, seen here. foxwoods resort casino bingo(Image: Las Vegas Review-Journal)As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. 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. “Love those assets. best online casino real money slots wild horse pab casino lost and foundturtle creek casino and resortto GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. But whether those flirtations result in credible offers for the iconic venue remains to be seen. 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. in domestic liquidity as of Sept. Those aren’t going to fly. to GLP for 7.5 million in lease credits.Since then, GLP confirmed it’s open to selling Tropicana. mountaineer casino hotel deals hard rock casino lake tahoe nevada |