Choctaw Casino Jackpots 2021 more from one of its joint venture partners. Caesars’ Horseshoe Baltimore. The company is upping its stake in the Maryland venue. (Image: Baltimore Sun)The Nevada-based gaming giant made the announcement after the close of US markets today. draftkings sportsbook casino pa Financial terms of the deal weren’t disclosed. As a result of this transaction, Caesars now owns 76 percent of Horseshoe Baltimore and will consolidate the results of the property on Caesars’ financial statements,” according to a statement issued by the operator.

Beyond that, details in the statement are scant. In addition to not divulging what it paid for the stake, Caesars doesn’t say from which of its minority partners it acquired the interest. Other members of the ownership include CVPR Gaming Holdings, LLC, Jack Entertainment, STRON-MD Limited Partnership and PRT TWO, LLC. 2016 casino slot machine Bovada Casino Ipad Oxym Interesting Timing for Horseshoe Baltimore DealIn what’s likely a coincidence, Caesars announced the plan to up its stake in Horseshoe Baltimore seven years to the day that the 2 million venue opened. Sloto Cash 31 Free Onom Though the company didn’t comment on this point in the sparse statement, it’s possible Caesars is looking to gain more control of the Maryland venue as it angles for a sports wagering license in the state. While launching regulated sports betting prior to the start of the 2021 NFL season next month appears unlikely because of bureaucratic delays that recently emerged, Maryland is still a coveted sports betting market for operators, owing tvalley forge casino new member promotionso high disposable income and a devoted fan base. cache creek casino resort employment verification chumba casino login bonus

Key Insights and Expert Analysis

Other operators have looked to increase Maryland exposure in advance of sports betting launching there. super free slot games 100 free spins For example, Penn National Gaming (NASDAQ:PENN) acquired the operating rights of the Hollywood Casino Perryville from Gaming and Leisure Properties (GLPI) last December. clearwater casino deli club player casino codes 2020 Caesars is making clear it intends to be a major player in the booming iGaming and sports betting industries, and it’s possible the increased position in Horseshoe Baltimore meshes with that plan. 5 dragons slot machine free games Www Raging Bull Casino Com Bonus Codes No Deposits Another PossibilityIt’s also possible that Caesars is boosting its Horseshoe Baltimore stake to ready a sale of the property assets to VICI Properties (NYSE:VICI). But that’s just speculation at this point. What isn’t up for debate is that when the company known as Eldorado Resorts announced plans to acquire “old Caesars” in June 2019, it struck various agreements with the real estate firm, one of which is that VICI gets rights of first refusal for a sale-leaseback transaction on Horseshoe Casino Baltimore. free slots king kong

The more of the venue Caesars owns, the greater the economics accrued to the company in a sale of the real estate. captain jack casino download no deposit bonus casino europe The casino operator didn’t say if it’s pursuing 100 percent of the Maryland venue. river spirit casino resort tulsa ok Clearwater Casino Lewiston Idaho Events Mzkf Warning of another storm on its way, Louisiana Gov. free slots casino listings John Bel Edwards (D) toured Lake Charles on Thursday, reviewing recovery efforts one year after Hurricane Laura battered the city. The deadly hurricane last August damaged homes and businessvalley forge casino new member promotionses, including casinos. This television graphic shows the anticipated path of a major storm this week.

The storm began as a tropical depression, but is expected to become a hurricane. (Image: KHOU-TV)Edwards said the state is making an appeal to Washington, D. C. , for billion in needs remaining from Hurricane Laura, according to KLFY-TV. Edwards said federal money might be available for the state next month. free casino slots bier haus He toured Lake Charles, a city in southwestern Louisiana, with FEMA administrator Deanne Criswell, according to The Advocate newspaper.

Hurricane Laura’s one-year anniversary comes as another turbulent storm is forming in the Caribbean. gold coast casino near las vegas nv This storm, known in its early stages as Tropical Depression Nine, is expected to develop into a hurricane as it churns northward into the Gulf of Mexico. Early tracking models show it could hit the South Louisiana coastline near Lafayette on Sunday or doubledown casino pinterest