2025.12.17
sunset station casino cafeThe sale-leaseback structure has been commonplace for casinos in the United States for some time, with, for example, MGM Resorts International, Caesars Entertainment Corp.FanDuel and TRWH have some history together, as the sportsbook operator is one of the casino company’s sports betting partners in Colorado.Sands Convention Center in Las Vegas seen here.cliff castle casino hotel phone numberUnder a sale-leaseback, the current property owner sells real estate to a new landlord for an upfront sum.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.One brokerage firm is speculating that Lasseminole casino roof Vegas Sands (NYSE:LVS) could ultimately partner with a gaming real estate investment trust (REIT) in disposing of its Nevada assets.choctaw casino too golden nugget casino poolfree slot machine graphicsLove those assets.Red Rock Resorts (NASDAQ:RRR) posted better-than-expected third-quarter results.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).live casino careersWhen all pending purchases close, the new Bally’s will run 14 casinos, and it’s expected nearly all of those venues will sport the Bally’s brand.Some analysts believe that while a sale of those properties could materialize, it doesn’t mean LVS will eventually altogether drop its Southern Nevada operations.Both purchases continue the operator’s push to add geographic diversity to its portfolio and enter states with robust sports wagering markets.raging bull casino no deposit bonus blackjack casino dealer schoolriverwind casino panda exprebThat venue currently has a sportsbook in the Wild, Wild West area of the property.Another Boardwalk DealSeparately, TRWH said it’s partnering with FanDuel on a retail sportsbook at Bally’s Atlantic City.Terrific.By market capitalization, MGP is the largest gaming REIT at .having done such transactions,” according to the research firm.That leaves VICI, which is well-capitalized, but likely to add a Las Vegas venue or two via a transaction with former parent Caesars Entertainment.little river casino resort manistee desert diamond casino hotel |