2025.12.17
twin river casino smokingMGM Resorts International (NYSE:MGM) confirmed on its third-quarter earnings conference call Wednesday that it has commenced the sale process for the Mirage on the Las Vegas Strip.Specific to Caesars, the gaming company looks far different today than it did in 2013.News 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.raging bull casino payout verification email”Tapering History for Caesars StockOne factor in favor of Caesars against a tapering backdrop is that it’s classified as a consumer discretionary name.Sports wagering wasn’t legal outside of Nevada during the prior tapering scenario.News 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.turtle lake casino friday night buffet intertops casino homeparagon casino gift shopCaesars is the only gaming equity on the CNBC list of potential taper winners.In 2000, the operator previously known as MGM Grand doled out .MGM is selling Mirage operating rights.thunder valley casino pokerThat 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.Strip 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.Sports wagering wasn’t legal outside of Nevada during the prior tapering scenario.borgata casino sign up bonus lucky tiger no deposit codeblackjack online malaysiaThat brings an end to long-running speculation about the fate of the integrated resort.That 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.2 billion in equity.Early the following year, the casino giant sold the real estate of MGM Grand and Mandalay Bay to MGP and Blackstone Real Estate Income Trust (BREIT) for .lissold said in a recent report.In September, the soon-to-be former Mirage operator shelled out .casino slot machine gta 5 river spirit casino open yet |