2025.12.18
little river casino boat in south carolinaThe sale-leaseback structure has been commonplace for casinos in the United States for some time, with, for example, MGM Resorts International, Caesars Entertainment Corp.But math indicates it’s not necessary for the company to do that.Red Rock Resorts (NASDAQ:RRR) posted better-than-expected third-quarter results.the online gambling marketThe company said it Other analysts believe full divestment of its Las Vegas assets would allow LVS to pursue opportunities in higher return markets, likely in the Asia-Pacific area, and perhaps restore its previously suspended cash dividend.The company said it blackjack online card game hard rock casino lake tahoe arcadewild horse pab casino websiteAnother Boardwalk DealSeparately, TRWH said it’s partnering with FanDuel on a retail sportsbook at Bally’s Atlantic City.49 billion.Some analysts believe that while a sale of those properties could materialize, it doesn’t mean LVS will eventually altogether drop its Southern Nevada operations.gta 5 online gambling addictionLove those assets.Case for Full Divestment Is StrongA sale-leaseback with a landlord would enable LVS to maintain a presence in the largest domestic gaming center.But that portion of the casino will be controlled by neighboring Caesars Palace when TRWH completes the purchase.coushatta casino terrace cafe menu big fish casino tips 2021best online slots real money canadaBernstein analysts believe Sands could engage a gaming REIT for a sale-leaseback transaction, a deal structure that’s becoming increasingly common in the industry.One brokerage firm believes LVS could partner with a gaming REIT rather than leave Sin City.Finding Buyers Easier Said Than DoneThe three domestic gaming REITs are, in alphabetical order, Gaming & Leisure Properties (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP), and VICI Properties (NASDAQ:VICI).That leaves VICI, which is well-capitalized, but likely to add a Las Vegas venue or two via a transaction with former parent Caesars Entertainment.But its Strip penetration is already substantial, as it owns all the MGM-operated properties there, aside from Bellagio.(Image: MICE India)Earlier this week, the Venetian operator confirmed it’s in early-stage talks to potentially sell that integrated resort, the Palazzo and Sands Convention Center, for billion.viejas casino california roulette casino game rules |