2025.12.17
thunder valley casino gambling ageSale Could Fetch Premium PriceThe comparisons aren’t apples-to-apples, but recent Las Vegas gaming property transactions provide some template for realistic price ranges on a Caesars’ asset sale.Those segments have long been viewed as catalysts for Caesars stock, and Reeg sees the digital business turninblack bear casino blackjackg positive on the basis of earnings before interest, taxes, depreciation and amortization (EBITDA) by the start of the 2023 football season.That approval didn’t come.river spirit casino slots4 percent of local voters rejected the Urban One/P2E casino pitch.Previously, the operator said such a transaction would not occur until next year, and that’s the timeline it’s sticking to.Richmond casino signs outside a polling place in the Virginia capital hyped the benefits of allowing a gambling property to come to town.2 casinos in texas poker olympic casinobetrivers casino no deposit bonus code“While I believe this was a 5 million opportunity lost to create well-paying jobs, expand opportunity, keep taxes low, and increase revenue to meet the needs of our growing city, I am proud of the transparent and public process we went through to listen to our residents and put this opportunity before our voters,” the mayor concluded.They have spoken, and we must respect their decision,” Richmond Mayor Levar Stoney (D) said in a prepared statemenblack bear casino blackjackt.“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.harrah s cherokee casino concert seating chartReeg 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.The other from that group — Caesars Palace — is owned by VICI Properties (NYSE:VICI).is live casino rigged cliff castle casino bowling alley phone numberclearwater casino giveawayCaesars 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.Reeg didn’t say if Caesars is considering a sale-leaseback or a traditional divestment.Previously, the operator said such a transaction would not occur until next year, and that’s the timeline it’s sticking to.But they first needed local approval from Richmond voters in the Virginia capital city.Not surprisingly, some of that capital will be spent on iGaming and sports wagering.Those rights extend to a second possible deal, which would include the remainder of that group — assuming one sale pact is reached — and the LINQ Hotel & Casino.golf courses near jackson rancheria casino mgm casino fire 1980 |