coushatta resort and casinoLove those assets.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).387 billion in earnings before interest, taxes, depreciation and amortization (EBITDA) last year, of which just 7 was derived from the Strip.nugget casino reno picturesGLP, the smallest of the trio of casino landlords, doesn’t appear interested in increasing its Las Vegas footprint.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.Red Rock Resorts (NASDAQ:RRR) posted better-than-expected third-quarter results.boomtown casino reno buffet

encore casino and hotel

lucky dragon. net slots(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.Both purchases continue the operator’s push to add geographic diversity to its portfolio and enter states with robust sports wagering markets.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.little river casino and hotel387 billion in earnings before interest, taxes, depreciation and amortization (EBITDA) last year, of which just 7 was derived from the Strip.But math indicates it’s not necessary for the company to do that.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.e online casinos

mohegan sun casino uncut gems

big fish casino club levels387 billion in earnings before interest, taxes, depreciation and amortization (EBITDA) last year, of which just 7 was derived from the Strip.The seller retains operational rights and obligations, while the buyer adds steady rental income, typicaldoubledown fort knox casino freely with a long-term contract, and an asset that can appreciate in value.Another Boardwalk DealSeparately, TRWH said it’s partnering with FanDuel on a retail sportsbook at Bally’s Atlantic City.387 billion in earnings before interest, taxes, depreciation and amortization (EBITDA) last year, of which just 7 was derived from the Strip.Bernstein analysts believe Sands could engage a gaming REIT for a sale-leaseback transaction, a deal structure that’s becoming increasingly common in the industry.Some analysts are already expressing doubt that LVS will be able to execute a sale of the aforementioned assets at billion, because that price point limits the number of credible buyers.wild dragon casino game