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bovada online casino phoenixSecond, it has no Las Vegas footprint. (Image: USA Today)On the basis of generally accepted accounting principles (GAAP), the largest operator on the Las Vegas Strip lost 92 cents a share on revenue of .49 billion in the October through December period. Analysts expected a loss of 86 cents on sales of .59 billion. casino chipsBut reducing its Sin City footprint makes sense as well because, at its core, the company is a regional gaming firm. (NYSE:BALY) is a name to remember for several reasons.First, the Rhode Island-based company has a deeply acquisitive history. In fact, Tropicana isn’t listed on GLPI’s property roster on its web site.Assuming Tropicana Las Vegas sells, the REIT’s Nevada exposure will consist of M Resort, Spa & Casino in Henderson, Tropicana in Laughlin, and Cactus Pete’s Casino Resort in Jackpot.Penn, GLPI’s largest tenant, operates M Resort and Cactus Pete’s. doubledown casino lawsuit

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eldorado casino buffet reno nv“Las Vegas margins could outperform, given permanent cost-cutting initiatives.”Beynon reiterates an “outperform” rating on MGM stock while boosting his price target to from , implying upside of 20 percent from current levels.Plans for MGP InvestmentCEO Bill Hornbuckle and new CFO Jonathan Halkyard also discussed the gaming company’s plans for its remaining interest in real estate investment trust (REIT) MGM Growth Properties (NYSE:MGP).MGP is the operator’s primary landlord, and even with two 0 million sales of the real estate company’s equity last year, MGM still owns 53 percent.It’s a nice chip to have, particularly with the REIT yielding 5.93 percent and delivering hundreds of millions of dollars in dividends to the casino company. MGM reported a fourth-quarter loss, but Wall Street is focusing on other topics. Second, it has no Las Vegas footprint. casino roulette james bondIt’s the largest in the US.Expect Plenty of SuitorsGLPI hasn’t identified potential buyers for Tropicana. There’s also likely to be a receptive audiluckyland slots casino download wzjyence for both venues. “So we certainly need to balance our moves with that, which is right now an appealing return on that investment. soaring eagle casino standish

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roulette casino cake(Image: USA Today)On the basis of generally accepted accounting principles (GAAP), the largest operator on the Las Vegas Strip lost 92 cents a share on revenue of .49 billion in the October through December period.  6 million in equity. Second, it has no Las Vegas footprint. But last year executives from the company said there was plenty of interest, though much of that boiled down to tire-kicking, not actual dealmaking.With rumors swirling that Caesars Entertainment (NASDAQ:CZR) could soon put Planet Hollywood on the block, there could be competition among sellers looking to unload Strip assets. “Las Vegas margins could outperform, given permanent cost-cutting initiatives.”Beynon reiterates an “outperform” rating on MGM stock while boosting his price target to from , implying upside of 20 percent from current levels.Plans for MGP InvestmentCEO Bill Hornbuckle and new CFO Jonathan Halkyard also discussed the gaming company’s plans for its remaining interest in real estate investment trust (REIT) MGM Growth Properties (NYSE:MGP).MGP is the operator’s primary landlord, and even with two 0 million sales of the real estate company’s equity last year, MGM still owns 53 percent.It’s a nice chip to have, particularly with the REIT yielding 5.93 percent and delivering hundreds of millions of dollars in dividends to the casino company. Second, it has no Las Vegas footprint. blackjack vs casino odds