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call golden nuggetBoth purchases continue the operator’s push to add geographic diversity to its portfolio and enter states with robust sports wagering markets.The company said it (Image: MICE India)Earlier this week, the Venetian operator confirmed it’s in early-stage talks to potentially sell that integrated resort, the Palazzo and Sands Convention Center, for billion.c rewards casinoBut math indicates it’s not necessary for the company to do that.The seller retains operational rights and obligations, while the buyer adds steady rental income, typicalseminole casino roofly with a long-term contract, and an asset that can appreciate in value.The Tropicana Evansville deal comes less than a month after TRWH said it’s paying 0 million in cash for Jumer’s Casino & Hotel in Rock Island, Ill.harrah s casino in rincon island view casino resort mibibippionline casino mibibippiSome analysts are already expressing doubt that LVS will be able to execute a sale of the aforementioned assets at billion, because that price point limits the number of credible buyers.Bernstein analysts believe Sands could engage a gaming REIT for a sale-leaseback transaction, a deal structure that’s becoming increasingly common in the industry.49 billion.thunder valley casino roseville california, and Penn National Gaming Inc.“I think most of you know that we’ve made the case for years, that the real safety and stability is out in the hinterlands, not on the Strip.TRWH said it will pay 0 million to acquire three casinos from Caesars, a transaction including Bally’s Atlantic City.island view casino map raging bull casino 50 free spinsfree online slots caesarsFanDuel and TRWH have some history together, as the sportsbook operator is one of the casino company’s sports betting partners in Colorado.The seller retains operational rights and obligations, while the buyer adds steady rental income, typicalseminole casino roofly with a long-term contract, and an asset that can appreciate in value.But they’re much too volatile for our case,” said Chairman and CEO Peter Carlino on a Tuesday conference call with analysts and investors.Case for Full Divestment Is StrongA sale-leaseback with a landlord would enable LVS to maintain a presence in the largest domestic gaming center.Finding Buyers Easier Said Than DoneThe three domestic gaming REITs are, in alphabetical order, Gaming & Leisure Properties (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP), and VICI Properties (NASDAQ:VICI).But its Strip penetration is already substantial, as it owns all the MGM-operated properties there, aside from Bellagio.jamul casino dining poker 007 casino royale |