2025.12.17
online casino no deposit welcome bonus(Image: Richmond Times-Dispatch)Urban One, a publicly traded media conglomerate, and Peninsula Pacific Entertainment (P2E), a casino operator, were seeking to jointly build a 5 million casino resort near the Philip Morris tobacco plant along I-95.Roughly 15 hours after the polls closed, Richmond election officials deemed the referendum a failure.First Virginia Casino RejectionVirginia passed caesar casino apk89 billion in cash in a sale-leaseback transaction.We also think this is an opportune time to execute on our strategy of a strip asset sale.“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.red stag casino legit for doubledown casinotable games tulalip casino“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.So you should expect us to put that in motion in the early part of ’22,” said CEO Tom Reeg on the company’s third-quarter earnings conference call on Tuesday.We also think this is an opportune time to execute on our strategy of a strip asset sale.las atlantis casino legit89 billion in cash in a sale-leaseback transaction.Sale 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.First Virginia Casino RejectionVirginia passed casino near me poker room mgm casino bostonturtle lake casino hotel reservationsThe mayor was one of the more outspoken proponents of bringing commercial casino gambling to the city.Sale 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.Planet Hollywood and Paris were often the epicenters of those rumors.In a deal struck with VICI on the day it announced its offer for Caesars in June 2019, Eldorado granted the landlord rights of first refusal on Flamingo Las Vegas, Bally’s Las Vegas, Paris Las Vegas, and Planet Hollywood.However, Reeg adds, “The vast majority of that cash is going to go to pay down debt.“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.coolcat casino mobile drake casino no deposit |