2024.07.18
is chinook winds casino on fireThen, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. We’re not overly focused on M&A, particularly here in Las Vegas,” he said. Additionally, the pandemic forced gaming companies to reach for cost savings. 7 seven feathers casinoBut 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. Then, Penn, strapped for cash at the time, unloaded Tropicana’s real estate and the ground lease of an asset in Morgantown, Pa. 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. casino extreme no playthrough usd raging bull casinocache creek casino foodTropicana Las Vegas, seen here. But he added that MGM isn’t looking to buy those venues.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 blackjack 21 online casinoaffairs at the Strip venue.Affording the Luxury of PatienceFor multiple reasons, GLP doesn’t need to be hasty in unloading the Tropicana. oxford casino and covid“I mean, there’s a lot of tire kickers, not necessarily a lot of check writers. That scenario came about following a transaction earlier this year. There’s ample interest among potential buyers for the Tropicana Las Vegas. gold coast casino hours lake tahoe casino foodisland resort and casino hoursPenn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. 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. Tropicana Las Vegas, seen here. (Image: CNBC)The Bellagio operator lost .08 a share on revenue of .13 billion during the July through September period. Adjusted property earnings before interest, taxes, depreciation and amortization (EBITDA) of -.8 million beats the consensus estimate of - million.We saw sequential improvements in all of our markets in the third quarter, and our regional properties have led the pace of recovery with several properties generating record operating performance,” said CEO Bill Hornbuckle on a conference call with analysts and investors.Still grappling with the effects of the coronavirus pandemic, the Mirage operator posted third-quarter EBITDA of million in its home market on revenue of 1 million. We’re not overly focused on M&A, particularly here in Las Vegas,” he said. mgm grand gambling seneca niagara casino and resort |