my choice casino homeNews of MGM’s plan to sell the Mirage comes a day after rival Caesars Entertainment (NASDAQ:CZR) said it’s eyeing divestment of one of its Strip assets in early 2022.That sector was one of the top three performers during the 2013 taper tantrum.But tapering is different, because the aforementioned 2013 scenario is the only prior example.admiral casino mklissold said in a recent report.It’s now the largest domestic casino operator by number of venues, following the 2020 takeover by Eldorado Resorts that created “new Caesars.”Tapering History for Caesars StockOne factor in favor of Caesars against a tapering backdrop is that it’s classified as a consumer discretionary name.boulder station casino wiki

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chukchansi casino madera caSports wagering wasn’t legal outside of Nevada during the prior tapering scenario.Caesars is the only gaming equity on the CNBC list of potential taper winners.com)The divestment marks the end of an era for MGM’s association with the property, which Steve Wynn opened in 1989.choctaw casino texasThat could be a sign there are no guarantees the upcoming tapering will mirror the prior episode, or if there will be a “tantrum” at all.VICI Properties is in the process of acquiring MGP for .Specific to Caesars, the gaming company looks far different today than it did in 2013.is kansas star casino a tribal casino

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aliante casino entertainmentCaesars stock is up 49 percent year-to-date.That’s far less than whatThe operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records.The Bellagio, Treasure Island, a 50 percent stake in the Monte Carlo, and other Nevada gaming venues – as well as casinos in Australia, Detroit, and Mississippi – were included in that deal.Much of that will go toward reducing debt, and that it’s eyeing a sale of one of its Las Vegas Strip venues in early 2022.2 billion in equity.sunset station casino hotel