2025.12.16
island view casino in gulfport mibibippiRichmond casino signs outside a polling place in the Virginia capital hyped the benefits of allowing a gambling property to come to town.”Following the 2020 takeover by Eldorado Resorts that created “new Caesars,” speculation swirled regarding which of its Las Vegas properties Caesars could part with.89 billion in cash in a sale-leaseback transaction.golden nugget casino website“While I believe this was a 5 million opportunity lost to create well-paying jobs, expand opportunity, keep taxes low, and increase revenue to meet the needs of our growing city, I am proud of the transparent and public process we went through to listen to our residents and put this opportunity before our voters,” the mayor concluded.The mayor was one of the more outspoken proponents of bringing commercial casino gambling to the city.But he notes, “We’d expect to sell a single property and be done.black oak casino jackpot winners admiral casino telephone numberblackjack online riggedBut they first needed local approval from Richmond voters in the Virginia capital city.Additionally, the operator has scarcity value on its side.However, Reeg adds, “The vast majority of that cash is going to go to pay down debt.valley forge casino video pokerAdditionally, the operator has scarcity value on its side.Sale Could Fetch Premium PriceThe comparisons aren’t apples-to-apples, but recent Las Vegas gaming property transactions provide some template for realistic price ranges on a Caesars’ asset sale.In a deal struck with VICI on the day it announced its offer for Caesars in June 2019, Eldorado granted the landlord rights of first refusal on Flamingo Las Vegas, Bally’s Las Vegas, Paris Las Vegas, and Planet Hollywood.riverwind casino gambling age mgm grand online slotsraging bull casino welcome bonus”Following the 2020 takeover by Eldorado Resorts that created “new Caesars,” speculation swirled regarding which of its Las Vegas properties Caesars could part with.89 billion in cash in a sale-leaseback transaction.Those segments have long been viewed as catalysts for Caesars stock, and Reeg sees the digital business turninviejas casino drinksg positive on the basis of earnings before interest, taxes, depreciation and amortization (EBITDA) by the start of the 2023 football season.Those segments have long been viewed as catalysts for Caesars stock, and Reeg sees the digital business turninviejas casino drinksg positive on the basis of earnings before interest, taxes, depreciation and amortization (EBITDA) by the start of the 2023 football season.Not surprisingly, some of that capital will be spent on iGaming and sports wagering.Sale Could Fetch Premium PriceThe comparisons aren’t apples-to-apples, but recent Las Vegas gaming property transactions provide some template for realistic price ranges on a Caesars’ asset sale.downstream casino new years eve boomtown casino online |