2025.12.16
hollywood casino paMGM is selling Mirage operating rights.Caesars executives didn’t specify which of its venues it will put on the auction block.It’s now the largest domestic casino operator by number of venues, following the 2020 takeover by Eldorado Resorts that created “new Caesars.peppermill casino hot august nightsCaesars Different TodayMarket participants frequently acknowledge historical precedent and trends.MGM didn’t say what the asking price is for Mirage’s operations.Sports wagering wasn’t legal outside of Nevada during the prior tapering scenario.100 no deposit casinos wonder 4 slots free onlinemohegan sun casino foodCNBC ran a screen for stocks that held up during with the 2013 taper tantrum, with the qualifiers of 20 percent upside to current price targets and at least 70 percent of analysts covering the stock rating it a “buy.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.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.encore casino loginStrip 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.Separately, the company said earlier this week it could have as much as billion in cash to deploy next year.That brings an end to long-running speculation about the fate of the integrated resort.choctaw casino 2021 draftkings casino nj promo codeblack oak casino appToday 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.”Tapering History for Caesars StockOne factor in favor of Caesars against a tapering backdrop is that it’s classified as a consumer discretionary name.Caesars executives didn’t specify which of its venues it will put on the auction block.Caesars executives didn’t specify which of its venues it will put on the auction block.But on the conference call, an analyst said the sale could generate 0 million to 0 million in proceeds for the seller.6 billion in another sale-leaseback casino night partytransaction.best online casino for poker winstar world casino event center |