Arxiu de l'etiqueta: Immobles de joc i lleure

Pinnacle Entertainment is buying Meadows Racetrack and Casino from Gaming and Leisure Properties for US$138m. Pinnacle will operate the Meadows’ gaming entertainment business and lease its underlying real property from GLPI in a triple net lease with initial annual rent of $25.5m (implying 1.9x rent coverage). On a trailing twelve month basis at February 29,…

Gaming and Leisure Properties has reached a deal to buy all of Pinnacle Entertainment’s real estate assets in an all-stock transaction that will see Pinnacle become a tenant of GLPI’s. Pinnacle will operate the leased gaming facilities under a triple-net 10-year Master Lease agreement with GLPI that will have five subsequent, five-year extension periods at…

Gaming and Leisure Properties has sent a letter to the Board of Directors of Pinnacle Entertainment, conveying its offer to acquire the real estate assets of Pinnacle for GLPI shares in a transaction with an enterprise value of $4.1bn, including assumption of debt. GLPI’s offer is designed to enhance Pinnacle’s plan, which was announced in…

Gaming and Leisure Properties is to buy The Meadows Racetrack and Casino located in Washington, Pennsylvania, a suburb of Pittsburgh, Pennsylvania, from Cannery Casino Resorts, for US$465m. The 180,000 sq. ft. casino, which opened in 2007, contains 3,317 slot machines, 61 table games and 14 poker tables. In addition to the casino, the property includes…

Gaming and Leisure Properties, una spin-off lliure d'impostos de Penn National Gaming, ha comprat el seu primer casino a l'operador regional de casinos, amb els 140 milions de dòlars de Casino Queen; un casino fluvial a East St. Louis, Illinois. Gaming and Leisure Properties adquirirà els actius immobiliaris associats a Casino Queen, que cobreix aproximadament 78 acres...