Paragon Casino Tribe more from one of its joint venture partners. call tropicana laughlin Caesars’ Horseshoe Baltimore. slot machines you play for free The company is upping its stake in the Maryland venue. roulette casino apk (Image: Baltimore Sun)The Nevada-based gaming giant made the announcement after the close of US markets today. Jamul Casino Bus Chula Vista Cndf Financial terms of the deal weren’t disclosed. As a result of this transaction, Caesars now owns 76 percent of Horseshoe Baltimore and will consolidate the results of the property on Caesars’ financial statements,” according to a statement issued by the operator.

Beyond that, details in the statement are scant. In addition to not divulging what it paid for the stake, Caesars doesn’t say from which of its minority partners it acquired the interest. Other members of the ownership include CVPR Gaming Holdings, LLC, Jack Entertainment, STRON-MD Limited Partnership and PRT TWO, LLC. Interesting Timing for Horseshoe Baltimore DealIn what’s likely a coincidence, Caesars announced the plan to up its stake in Horseshoe Baltimore seven years to the day that the 2 million venue opened. island view casino gulfport employment Riverwind Casino Slot Machines Nkju Though the company didn’t comment on this point in the sparse statement, it’s possible Caesars is looking to gain more control of the Maryland venue as it angles for a sports wagering license in the state. high 5 casino free slot games While launching regulated sports betting prior to the start of the 2021 NFL season next month appears unlikely because of bureaucratic delays that recently emerged, Maryland is still a coveted sports betting market for operators, owing tvalley forge casino new member promotionso high disposable income and a devoted fan base. slot madneb casino

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Other operators have looked to increase Maryland exposure in advance of sports betting launching there. For example, Penn National Gaming (NASDAQ:PENN) acquired the operating rights of the Hollywood Casino Perryville from Gaming and Leisure Properties (GLPI) last December. turtle creek casino website Sycuan Casino New Members Epip Caesars is making clear it intends to be a major player in the booming iGaming and sports betting industries, and it’s possible the increased position in Horseshoe Baltimore meshes with that plan. Another PossibilityIt’s also possible that Caesars is boosting its Horseshoe Baltimore stake to ready a sale of the property assets to VICI Properties (NYSE:VICI). But that’s just speculation at this point. gold coast casino ping pang pong What isn’t up for debate is that when the company known as Eldorado Resorts announced plans to acquire “old Caesars” in June 2019, it struck various agreements with the real estate firm, one of which is that VICI gets rights of first refusal for a sale-leaseback transaction on Horseshoe Casino Baltimore. sycuan casino el cajon ca

The more of the venue Caesars owns, the greater the economics accrued to the company in a sale of the real estate. no deposit bonus casino south africa 2021 The casino operator didn’t say if it’s pursuing 100 percent of the Maryland venue. Warning of another storm on its way, Louisiana Gov. free slots 8888 red stag casino instant coupon John Bel Edwards (D) toured Lake Charles on Thursday, reviewing recovery efforts one year after Hurricane Laura battered the city. The deadly hurricane last August damaged homes and businessvalley forge casino new member promotionses, including casinos. Seminole Casino Okeechobee Kakx This television graphic shows the anticipated path of a major storm this week.

The storm began as a tropical depression, but is expected to become a hurricane. little river casino cruise (Image: KHOU-TV)Edwards said the state is making an appeal to Washington, D. twin river casino 18 or 21 C. , for billion in needs remaining from Hurricane Laura, according to KLFY-TV. online casino real money usa paypal Edwards said federal money might be available for the state next month. big dollar casino sister casinos He toured Lake Charles, a city in southwestern Louisiana, with FEMA administrator Deanne Criswell, according to The Advocate newspaper.

Hurricane Laura’s one-year anniversary comes as another turbulent storm is forming in the Caribbean. This storm, known in its early stages as Tropical Depression Nine, is expected to develop into a hurricane as it churns northward into the Gulf of Mexico. Early tracking models show it could hit the South Louisiana coastline near Lafayette on Sunday or