mgm casino fireIn September, the soon-to-be former Mirage operator shelled out .That sector was one of the top three performers during the 2013 taper tantrum.Today we are announcing that, after careful consideration, we have made the decision to sell the operations of The Mirage to another operator, a move that we believe is best for the long-term success of both the property and MGM Resorts,” said Hornbuckle in a letter to Mirage staffers.casino x no deposit bonus codes 2019(Image: 8NewsNow.4 billion to acquire the company, then known as Mirage Resorts.But tapering is different, because the aforementioned 2013 scenario is the only prior example.l auberge casino lake charles pool

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blackjack online indiaMirage’s real estate is owned by MGM Growth Properties (NYSE:MGP), the gaming real estate investment trust (REIT) spun-off by MGM in 2016.It offers 30 percent upside to the consensus price target, and 73 percent of the analysts covering rate it a “buy.The 2013-2014 … taper period is a useful, but imperfect, analog for the likely upcoming taper,” Ned Davis Research’s Ed Clissold said in a recent report.island resort and casino halloween 2021Much of that will go toward reducing debt, and that it’s eyeing a sale of one of its Las Vegas Strip venues in early 2022.Specific to Caesars, the gaming company looks far different today than it did in 2013.”Tapering History for Caesars StockOne factor in favor of Caesars against a tapering backdrop is that it’s classified as a consumer discretionary name.is draftkings casino legal

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las vegas online casino real moneyStrip Asset Sales Still HotSince late 2019, the pace of property sales on the Strip has been hot, even with a break caused by the coronavirus pandemic.Today we are announcing that, after careful consideration, we have made the decision to sell the operations of The Mirage to another operator, a move that we believe is best for the long-term success of both the property and MGM Resorts,” said Hornbuckle in a letter to Mirage staffers.In September, the soon-to-be former Mirage operator shelled out .CNBC ran a screen for stocks that held up during with the 2013 taper tantrum, with the qualifiers of 20 percent upside to current price targets and at least 70 percent of analysts covering the stock rating it a “buy.Today we are announcing that, after careful consideration, we have made the decision to sell the operations of The Mirage to another operator, a move that we believe is best for the long-term success of both the property and MGM Resorts,” said Hornbuckle in a letter to Mirage staffers.That could be a sign there are no guarantees the upcoming tapering will mirror the prior episode, or if thsilver oak casino 100 no deposit 2021ere will be a “tantrum” at all.free online let it ride poker with 3 card bonus