2025.12.18
lucky tiger casino free chipsStrip 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.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.On a conference call with analysts, MGM CEO Bseminole casino immokalee eventsill Hornbuckle, who started his career at the Mirage in 1989, said the largest operator on the Strip is in the “early stages” of the sale process.chukchansi casino securityIn 2000, the operator previously known as MGM Grand doled out .But tapering is different, because the aforementioned 2013 scenario is the only prior example.Much of that will go toward reducing debt, and that it’s eyeing a sale of one of its Las Vegas Strip venues in early 2022.big fish casino promo code free slots vegas casinoclearwater casino tribeThe 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.” The Flamingo operator is one of Wall Street’s favorite gaming equities, a status accrued by management’s reputation for managing margins and generating free cash flow, among other factors.It’s also an emerging player in the fast-growing iGaming and sports betting segments.coushatta casino gas stationSpecific to Caesars, the gaming company looks far different today than it did in 2013.Early the following year, the casino giant sold the real estate of MGM Grand and Mandalay Bay to MGP and Blackstone Real Estate Income Trust (BREIT) for .It’s also an emerging player in the fast-growing iGaming and sports betting segments.casino near me washington hollywood casino vaccineisland view casino directionslissold said in a recent report.com)The divestment marks the end of an era for MGM’s association with the property, which Steve Wynn opened in 1989.The Bellagio, Treasure Island, a 50 percent stake in the Monte Carlo, and other Nevada gaming venues – as well as casinos in Australia, Detroit, and Mississippi – were included in that deal.VICI Properties is in the process of acquiring MGP for .Today we are announcing that, after careful consideration, we have made the decision to sell the operations of The Mirage to another operator, a move that we believe is best for the long-term success of both the property and MGM Resorts,” said Hornbuckle in a letter to Mirage staffers.But tapering is different, because the aforementioned 2013 scenario is the only prior example.foxwoods resort casino suites hard rock casino in sacramento |