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chukchansi casino mapBut one property owner has a plan to change that reality.After legal issues prevented the university from transforming the casino into student housing, Philadelphia-based real estate developer Bart Blatstein acquired the Showboat in January of 2016 for million.GLPI made the announcement in conjunction with a broader series of corporate moves, including the .free slots for ipadWhen that pair of transactions finalize, Casino Queen will own two of the three gaming venues in the Louisiana capitol.It has been a non-gambling property since the former Caesars Entertainment sold the resort in 2014 to Stockton University for million.GLPI is one of three publicly traded gaming real estate investment trusts (REITs) in the US.black hawk casino resort

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chumba casino arizonaand the HCBR facility, for initial annual cash rent of approximately .With the announced deals, the company’s operational exposure shrinks, allowing it to focus on its core competency of property management.GLPI will retain ownership of the real estate assets.As part of the accord between thbellagio casino vaulte two companies, GLPI gets rights of first refusal on other Casino Queen sale-leaseback deals up to million that could pop up over the next two years.That effort is expected to cost million to million.With the announced deals, the company’s operational exposure shrinks, allowing it to focus on its core competency of property management.free slots house of fun