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Thread: Caesars and Eldorado

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  1. #1
    Senior Member zeus's Avatar
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    Feb 2015
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    Charlotte, NC
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    Quote Originally Posted by Mimi View Post
    Who's this VICI group? Will they become a non Caesars property? If so, bummer losing Laughlin and NOLA.
    What they are doing is selling the properties to VICI, and then turn around and establish leases for them and continue running them as casinos. This will give them cash on hand. A lot of companies do this. You won't notice anything different.

    Sent from my SM-G955U using Tapatalk
    Last edited by zeus; 06-24-2019 at 08:59 PM.

  2. #2
    Quote Originally Posted by zeus View Post
    What they are doing is selling ths properties to VICI, and then turn around and establish leases for them and continue running them as casinos. This will give them cash on hand. A lot of companies do this. You won't notice anything different.

    Sent from my SM-G955U using Tapatalk
    Our John Deere dealer sold all his property and leases it back.

  3. #3
    Quote Originally Posted by zeus View Post
    What they are doing is selling the properties to VICI, and then turn around and establish leases for them and continue running them as casinos. This will give them cash on hand. A lot of companies do this. You won't notice anything different.

    Sent from my SM-G955U using Tapatalk
    Glad I could tell Jeff it's gonna be ok, lol. He loves Laughlin. Thank you for explaining.

    Sent from my SAMSUNG-SM-J727AZ using Tapatalk

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