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2024.07.17
raging bull casino spam emails redditSale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. (Image: KTNV-TV)MGM Resorts recently announced that Hecho en Vegas Mexican Grill & Cantina at the MGM Grand hotel-casino will close permanently by the beginning of November, according to the Las Vegas Review-Journal. The restaurant opened in 2013. jamul casino friday promotionsPrivate equity behemoth Blackstone (NYSE:BX) is rumored to be mulling a sale-leaseback transaction involving Star Entertainment Group’s the Star Sydney integrated resort. . (Image: News.Com.Au)That rumor surfaced prior to today’s tumble in shares of the Australian casino operator amid allegations that it facilitated money laundering at its Sydney and Gold Coast. encore casino directions island view casino applicationbest online casino no deposit bonus australiaShe served five months in a federal prison in West Virginia.Stewart’s many current enterprises include a website offering food preparation advice, such as “how to cook bulgur,” and “simple and delicious ways to transform chicken breast into dinner tonight.”Also on the Strip, Baton Rouge-based Walk-On’s Sports Bistreaux is planning its first Las Vegas outlet. It has traditionally been popular with celebrities, public officials, and athletes.Rao’s now sells its bottled red sauces, also known as “gravy,” in outlets such as Whole Foods and Sam’s Club.Martha Stewart Restaurant ProposedAs these restaurant close, others are slated to open on the Strip.Businesswoman and publisher Martha Stewart appears set to open a restaurant at Paris Las Vegas on the east side of the resort corridor. 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. bovada casino.com No reason was given for the cantina’s upcoming closure. However, the private equity firm has an established track record of invoRao’s Ends 15-Year RunThis is the second announcement in recent days about a longtime restaurant at a Strip hotel-casino going out of business soon.On Nov. cliff castle casino check in time little river casino covid updatebig dollar casino 100 no deposit bonus codes 2020Star Entertainment’s Star Sydney. No reason was given for the cantina’s upcoming closure. 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 dividenaliante casino addrebds, 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. No reason was given for the cantina’s upcoming closure. 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. pechanga casino inglewood winstar world casino ein |