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hollywood casino amphitheatre 9 7Also included in the deal is the Laughlin Event Center, a 12,00-seater outdoor arena.Golden has seen a flurry of M&A activity in recent years.It built the Rio, Las Vegas’ first all-suites resort, which was sold to Harrahs in 1999, as well as The M Resort in Henderson, which sold to Penn National Gaming in 2010.gold coast casino gamesGoldensilver oak casino legit said in a statement it will pay eight times the combined trailing 12-months earnings of the two properties, with a minimum price of 8 million and a maximum of 0 million.Katz said the deal is a “modest positive” in what is expected to be a “broader growth strategy” for Golden, adding that the Laughlin market was stable and undervalued.That’s according to a note from JP Morgan, as the the financial services firm says it remains bullish on the enclave’s gaming operators.doubledown casino blackjack drake casino review thepoggdirections to the borgata casinoJP Morgan predicts Macau casino stocks will still see earnings before interest, tax, depreciation, and amortization (EBITDA) gain 17 percent in 2018.Approaching Record GGRGross gaming win stands at 18.The six Macau casino stocks are poised for continued growth largely due to increased arrivals from the mass market.resorts casino dunkin donutsAround 100 miles south of Las Vegas, Laughlin is Nevada’s third-biggest gaming market and it’s growing at around four percent per year, according to Jefferies Managing Director and equity research analyst David Katz in a note on Monday.Approaching Record GGRGross gaming win stands at 18.It has also had a hand in the development of Caesars Palace’s Forum Shops, The Wynn Las Vegas, and The Bellagio.harrah casino nc desert diamond casino veteransparagon casino car show 2020It already owns the Aquarius Casino Resort in Laughlin and the new deal will make it the dominant player in that sector, with a 30 percent share of the market.(Image: Las Vegas Sun)(Image: elipagephoto/LVR-J)Golden CEO Blake Sartini said this is the latest phase in an ambitious, ongoing growth strategy.The three operators based in Hong Kong are Galaxy Entertainment, Melco Resorts, and SJM Holdings.Golden RulesWhen combined, Golden’s three Laughlin properties will occupy 55 contiguous acres along the center of the Laughlin Riverwalk.Katz said the deal is a “modest positive” in what is expected to be a “broader growth strategy” for Golden, adding that the Laughlin market was stable and undervalued.But continued increases in mass market visitation, new resort openings including MGM Cotai and Morpheus, as well as the forthcoming bridge connecting the enclave to Hong Kong, and there’s plenty of reason to remain optimistic according to JP Morgan.chumba casino free sweeps cash casino springfield ma |