i bet online casinoSale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. Private equity behemoth Blackstone (NYSE:BX) is rumored to be mulling a sale-leaseback transaction involving Star Entertainment Group’s the Star Sydney integrated resort. Blackstone is rumored to be considering a sale-leaseback of the venue. cliff castle casino storytellersThe restaurant opened in 2013. Sale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. The slide in Star Entertainment stock led to 0 million in evaporated market capitalization.Regarding the Star Sydney, the operator sees an avenue to create value for shareholders by potentially selling a majority stake in the .68 billion venue and leasing back the remainder. raging bull casino 2020 no deposit bonus codes

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tachi palace casino addrebHecho en Vegas Mexican Grill & Cantina inside the MGM Grand near the Grand Garden Arena is closing in November. No reason was given for the cantina’s upcoming closure. No reason was given for the cantina’s upcoming closure. mgm casino in detroitSale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. MGM Resorts said in a statement that after the cantina closes the space will be used for “a new food and beverage concept” to be opened in the winter. No reason was given for the cantina’s upcoming closure. phone number for jackson rancheria casino

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liberty slots bonus codes 2020The company could be looking to sell a 51 percent interest in the property while retaining 49 percent.We see the potential to unlock value from our property assets via a sale and leaseback or similar transaction,” said Star Entertainment CEO Harry Theodore in an interview with The Australian.Credit Suisse is working on sale-leaseback leads for the gaming company. Through these agreements, a gaming company can monetize land assets, often garnering large, upfront sums of cash to use for anything, including more acquisitions, shareholder rewards, such as buybacks and dividenred stag casino sisterds, or to reduce debt.Likewise, the real estate firm that leases the land back to the operator gets the benefit of long-term tenant agreements that often include gradually increasing rates without having to be financially responsible for building enhancements.Blackstone Logical Partner for StarFor now, Blackstone’s possible involvement in a sale-leaseback for Star Sydney remains a point of speculation, not confirmation. The restaurant opened in 2013. A Clark County demolition permit has been filed to make room for a Martha Stewart restaurant inside the hotel-casino. 28, Rao’s Italian restaurant at Caesars Palace on the resort corridor is closing after 15 years.The owners did not give a reason for closing the restaurant next month. No time frame has been given for when this might occur.Stewart, a former Chanel model and stockbroker, was convicted in March 2004 on four counts in a securities fraud investigation, according to CNN. kansas star casino check cashing