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We believe this property is a great fit for our portfolio.The Las Vegas-headquartered firm used a short Tuesday press release to declare that the disposal of the 338-room venue to the real estate investment trust (REIT) recently spun off from Penn National Gaming Incorporated is expected to close next year ‘subject to regulatory approvals and other customary closing conditions’ to see its footprint in the Indiana casino market reduced to four properties.com had also failed to effectively apply procedures and policies for those exhibiting signs of problem gambling by allowing one potentially vulnerable punter to wager six-figure amounts without taking action....
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Read a statement from Papanier…“This transaction is consistent with our core strategy of acquiring strategic gaming assets at attractive valuations and, importantly, represents the company’s entry into a tenth state.81 million and implement a selection of enhanced due diligence and responsible gambling controls.operator Caesars Entertainment Incorporated has announced the signing of a deal that is to see it offload its Tropicana Evansville property to Gaming and Leisure Properties Incorporated for 0 million in cash....
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The fast-growing firm recently moreover paid million for the worldwide rights to the Bally name and detailed that the riverside Tropicana Evansville with its 45,000 sq ft casino and four restaurants is to become the 14th venue it runs across ten states.The Las Vegas-headquartered firm used a short Tuesday press release to declare that the disposal of the 338-room venue to the real estate investment trust (REIT) recently spun off from Penn National Gaming Incorporated is expected to close next year ‘subject to regulatory approvals and other customary closing conditions’ to see its footprint in the Indiana casino market reduced to four properties.In the United Kingdom and a trio of iGaming firms have reportedly been heavily fined and placed under a revised set of operating conditions after being found wanting with regards to their anti-money laundering and social responsibility duties....
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