2025.12.13
real online casino no deposit bonus codes Las Vegas)Amid a flurry of high profile Strip asset sales this year, including the Venetian and Sands Convention Center in March and the Cosmopolitan in September, speculation intensified regarding when Caesars would divest one of its Sin City properties.That approval didn’t come.(Image: Richmond Times-Dispatch)Urban One, a publicly traded media conglomerate, and Peninsula Pacific Entertainment (P2E), a casino operator, were seeking to jointly build a 5 million casino resort near the Philip Morris tobacco plant along I-95.9 pots of gold free slots casinoReeg didn’t say if Caesars is considering a sale-leaseback or a traditional divestment.But they first needed local approval from Richmond voters in the Virginia capital city.Caesars Property Sale: Big Cash BoosterCombine a Las Vegas sale with incoming cash from the sale of William Hill’s international assets, paring of the NeoGames (NASDAQ:NGMS) stake, and increasingly robust cash flow from its land-based casinos, and Caesars could have “well in excess of billion of cash to deploy in 2022,” said Reeg.club player casino 200 no deposit bonus codes river spirit casino tribegold coast casino resort feeBut he notes, “We’d expect to sell a single property and be done.So you should expect us to put that in motion in the early part of ’22,” said CEO Tom Reeg on the company’s third-quarter earnings conference call on Tuesday.Previously, the operator said such a transaction would not occur until next year, and that’s the timeline it’s sticking to.mohegan sun casino undercover bobReeg didn’t specify which one of the operator’s eight Sin City venues could be on the sale block.Reeg didn’t say if Caesars is considering a sale-leaseback or a traditional divestment.We also think this is an opportune time to execute on our strategy of a strip asset sale.desert diamond casino buffet tucson az online slots real money texascasino long island nyThe other from that group — Caesars Palace — is owned by VICI Properties (NYSE:VICI).Planet Hollywood and Paris were often the epicenters of those rumors.“Now we’ve got a track record that we can point to in terms of what the property can generate, and the playing field has been cleared with the Cosmo and Aria trades, to where we should have a pretty robust — we should encounter pretty robust demands for a center strip asset that, frankly, may be one of the last ones to trade for quite some time,” said Reeg.Richmond casino signs outside a polling place in the Virginia capital hyped the benefits of allowing a gambling property to come to town.4 percent of local voters rejected the Urban One/P2E casino pitch.” Caesars is aiming to reduce its annual interest expenses to 0 million to 0 million below where those costs were when the Eldorado takeover was finalized.black oak casino kingpins hours jackson rancheria casino camping |