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raging bull casino free spinsAn analyst says the deal could fetch up to 0 million.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.The operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records.online casino mit pokerSpecific to Caesars, the gaming company looks far different today than it did in 2013.It’s also an emerging player in the fast-growing iGaming and sports betting segments.com)The divestment marks the end of an era for MGM’s association with the property, which Steve Wynn opened in 1989.blackjack table casino

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chumba casino utahThat deal was announced after MGM sold Aria and Vdara to the private equity behemoth in a sale-leaseback transaction.Mirage’s real estate is owned by MGM Growth Properties (NYSE:MGP), the gaming real estate investment trust (REIT) spun-off by MGM in 2016.Caesars is the only gaming equity on the CNBC list of potential taper winners.free slot games for fun”Tapering History for Caesars StockOne factor in favor of Caesars against a tapering backdrop is that it’s classified as a consumer discretionary name.But tapering is different, because the aforementioned 2013 scenario is the only prior example.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.pechanga casino minimum age

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chinook winds casino concerts 2021Strip 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.MGM has been at the forefront of many of those transactions as both buyer and seller.An analyst says the deal could fetch up to 0 million.6 billion to acquire Cosmopolitan’s operating rights from Blackstone (NYSE:BX).The operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records.VICI Properties is in the process of acquiring MGP for .poker casino estoril

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