2025.12.17
no deposit bonus thebes casinoFrom the beginning, we said the people would decide.89 billion in cash in a sale-leaseback transaction.Previously, the operator said such a transaction would not occur until next year, and that’s the timeline it’s sticking to.nearest casino to park city utahAnd close it was, as it took until Wednesday morning around 10 am to declare an outcome.We also think this is an opportune time to execute on our strategy of a strip asset sale.” Caesars is aiming to reduce its annual interest expenses to 0 million to 0 million below where those costs were when the Eldorado takeover was finalized.sycuan casino dining draftkings at casino queen east st louisfour winds casino diningHowever, Reeg adds, “The vast majority of that cash is going to go to pay down debt.From the beginning, we said the people would decide.” Caesars is aiming to reduce its annual interest expenses to 0 million to 0 million below where those costs were when the Eldorado takeover was finalized.doubledown casino app not loading“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.And close it was, as it took until Wednesday morning around 10 am to declare an outcome.Sale Could Fetch Premium PriceThe comparisons aren’t apples-to-apples, but recent Las Vegas gaming property transactions provide some template for realistic price ranges on a Caesars’ asset sale.morongo casino restaurants seven feathers casino food courtblack oak casino hotelAnd close it was, as it took until Wednesday morning around 10 am to declare an outcome. 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.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.However, Reeg adds, “The vast majority of that cash is going to go to pay down debt.But he notes, “We’d expect to sell a single property and be done.4 percent of local voters rejected the Urban One/P2E casino pitch.twin river casino dining mgm grand casino pa |