2025.12.18
winstar world casino table games“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.In July, MGM Resorts Internationjamul casino ufcal (NYSE:MGM) sold the property assets of Aria and Vdara to private equity firm Blackstone (NYSE:BX) for .Roughly 15 hours after the polls closed, Richmond election officials deemed the referendum a failure.boulder station casino pizza“Now we’ve got a track record that we can point to in terms of what the property can generate, and the playing field has been cleared with the Cosmo and Aria trades, to where we should have a pretty robust — we should encounter pretty robust demands for a center strip asset that, frankly, may be one of the last ones to trade for quite some time,” said Reeg.The mayor was one of the more outspoken proponents of bringing commercial casino gambling to the city.89 billion in cash in a sale-leaseback transaction.desert diamond casino keno free casino slot games listingswild 7 respin casinoThe other from that group — Caesars Palace — is owned by VICI Properties (NYSE:VICI).Previously, the operator said such a transaction would not occur until next year, and that’s the timeline it’s sticking to.Richmond casino signs outside a polling place in the Virginia capital hyped the benefits of allowing a gambling property to come to town.choctaw casino ownerAdditionally, the operator has scarcity value on its side.Those rights extend to a second possible deal, which would include the remainder of that group — assuming one sale pact is reached — and the LINQ Hotel & Casino.”Following the 2020 takeover by Eldorado Resorts that created “new Caesars,” speculation swirled regarding which of its Las Vegas properties Caesars could part with.firekeepers casino veterans day bellagio casino covid 19island view casino suitesIn 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.Additionally, the operator has scarcity value on its side.We also think this is an opportune time to execute on our strategy of a strip asset sale. Las Vegas)Amid a flurry of high profile Strip asset sales this year, including the Venetian and Sands Convention Center in March and the Cosmopolitan in September, speculation intensified regarding when Caesars would divest one of its Sin City properties.However, Reeg adds, “The vast majority of that cash is going to go to pay down debt.Caesars Property Sale: Big Cash BoosterCombine a Las Vegas sale with incoming cash from the sale of William Hill’s international assets, paring of the NeoGames (NASDAQ:NGMS) stake, and increasingly robust cash flow from its land-based casinos, and Caesars could have “well in excess of billion of cash to deploy in 2022,” said Reeg.big 5 casino no deposit bonus 2020 lake tahoe casino deals |