Live Casino Owner ling. Last November, voters in each of Louisiana’s 64 parishes were asked if they want to authorize sports betting in their county after state laws are passed providing for such regulation. little river casino opening date Sixty-seven percent of St. Tammany votes cast said “Yes. ”P2E says its 5 million investment will bring much-needed jobs and tax revenue to St. Tammany. chinook winds casino lincoln city or The casino has pledged to share five percent of its annual gross gaming revenue with the parish, forecast to be around million a year. 2 Player Poker Online Free Hhdq

Religious OppositionThis week’s St. Tammany Parish meeting lasted several hours, as the public voiced strong positions for and against the casino. The primary opposition came from religious leaders in the community. They argue that while gaming attitudes might have changed since 1996, the societal risks associated with casinos have not altered. Pastors said the casino might create some jobs and generate tax revenue, but that will pale in comparison to the damage caused by broken marriages, bankruptcies, suicides, and crime. A mecca of immorality, crime, and financial fallout,” is how Rev. gold coast casino cornerstone John Raymond summarized the topic at hand.

Key Insights and Expert Analysis

But supporters said the people, not councilmembers, should have the final say. harrah s cherokee casino club “Let us decide,” said Ronald Reeves, who owns a home in Slidell. P2E hired a slew of lobbyists who successfully convinced legislators in Baton Rouge to pass a bill that allows the casino referendum to occur. aliante casino boyd gaming Winstar World Casino Age Limit Tqja Now, the casino company will likely spend heavily in campaigcasino slot tacticsning for a “yes” vote come November. MGM Resorts International (NYSE:MGM) is busy again on the Las Vegas Strip. call four winds casino It announced today that it’s acquiring the 50 percent of CityCenter it didn’t previously own, and is selling the property assets of Aria and Vdara. downstream casino slots MGM’s Aria on the Vegas Strip, pictured above. santa ana star casino food court Lake Tahoe Casino Suites Npwj

The company is selling that venue and Vdara to Blackstone. (Image: YouTube)The casino operator is paying . 12 billion to Infinity World Development for the 50 percent interest in CityCenter, valuing the complex in the heart of the Strip at . borgata casino giveaways 8 billion. That’s based on net debt of . 5 billion when accounting for a recently sold two-acre piece of land for million. When that transaction wraps up — in what some real estate market experts are calling a stunning move — the gaming company will sell the property of Aria and Vdara to private equity firm Blackstone (NYSE:BX) for . harrah s casino greenville ms

89 billion in cash. The Blackstone, Vdara and Aria new news is a complete surprise,” said James Harris, senior managing director at Helmsley Spear, in an interview. Soaring Eagle Casino Waterpark Sump He notes prior to the coronavirus pandemic, MGM CEO Bill Hornbuckle expressed no interest in selling the two venues, “particularly at what appears to be a bargain price. casino 24 hours near me ”Aria, Vdara Price: Is It Right? 7 riches online casino While data confirms Las Vegas is recovering from the pandemic, some analysts may debate the pricing and timing of the Aria/Vdara divestment. May’s gross gaming revenue (GGR) figures from the Nevacasino slot tacticsda Gaming Control Board hit a record. casino catskills Though it’s making progress, the domestic gaming industry isn’t all the way back from the global health crisis and recent venue sales in Sin City haven’t fetched inspiring prices.

In fact, some operators that were widely expected to sell Strip properties this year appear to be opting against such moves, perhaps owing to still-depressed pricing on gaming real estate. It may not be an apples-to-apples comparison, but the . 89 billion MGM is commanding for Aria and Vdara is less than the . 25 billion it sold Bellagio to Blackstone for in October 2019. It’s also well below the . 6 billion the gaming company hauled in when it parted with the property assets of Mandalay Bay and MGM Grand in January 2020. raging bull casino no deposit bonus codes 2021 australia choctaw casino in durant Blackstone was part of that transaction best table games in casino